| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Status-Seeking in Hedonic Games with Heterogeneous Players
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| Autores: |
Lazarova, Emiliya A.
Dimitrov, Dinko
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| Data: |
2010-11-19
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| Ano: |
2010
|
| Palavras-chave: |
Coalitions
Core
Stability
Status-seeking
Environmental Economics and Policy
C78
J41
D71
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| Resumo: |
We study hedonic games with heterogeneous player types that reflect her nationality, ethnic background, or skill type. Agents' preferences are dictated by status-seeking where status can be either local or global. The two dimensions of status define the two components of a generalized constant elasticity of substitution utility function. In this setting, we characterize the core as a function of the utility's parameter values and show that in all cases the corresponding cores are non-empty. We further discuss the core stable outcomes in terms of their segregating versus integrating properties.
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| Tipo: |
Working or Discussion Paper
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| Idioma: |
Inglês
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| Identificador: |
http://purl.umn.edu/96838
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| Relação: |
Fondazione Eni Enrico Mattei (FEEM)>Sustainable Development Papers
SD
122.2010
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| Formato: |
29
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