@article{Casajus2009, author = {Casajus, Andr{\´e}}, title = {Outside options, component efficiency, and stability}, url = {http://www.sciencedirect.com/science/article/pii/S0899825607000747}, institution = {Chair of Economics and Information Systems}, year = {2009}, abstract = {In this paper, we introduce a component efficient value for TU games with a coalition structure which reflects the outside options of players within the same structural coalition. It is based on the idea that splitting a coalition should affect players who stay together in the same way. We show that for all TU games there is a coalition structure that is stable with respect to this value._x000D_}, language = {en} }