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http://hdl.handle.net/10419/43524
  
Title:Status-seeking in hedonic games with heterogeneous players PDF Logo
Authors:Lazarova, Emiliya
Dimitrov, Dinko
Issue Date:2010
Series/Report no.:Nota di lavoro // Fondazione Eni Enrico Mattei: Sustainable development 2010,122
Abstract: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.
Subjects:Coalitions
Core
Stability
Status-seeking
JEL:C78
J41
D71
Document Type:Working Paper
Appears in Collections:FEEM Working Papers, Fondazione Eni Enrico Mattei

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