Stable Bank Cooperation for Cost Reduction Problem
Year: 2014 Volume: 8 Issue: 1 Pages: 7-25
Abstract: In the paper we consider a problem of bank cost reduction by joint usage of ATMs. In coalition case, we assume that cooperation may be naturally restricted by a coalition structure. A question of stability of a coalition structure with respect to the Shapley value is investigated. Statements about the configuration of stable coalition structures are proposed. We also consider special cases in which their existence is proved.
JEL classification: C71
Keywords: Coalition structure, stability, cost allocation problem, Shapley value
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