Potential approach and characterizations of a Shapley value in multi-choice games
The main focus of this paper is on the restricted Shapley value for multi-choice games introduced by Derks and Peters [Derks, J., Peters, H., 1993. A Shapley value for games with restricted coalitions. International Journal of Game Theory 21, 351-360] and studied by Klijn et al. [Klijn, F., Slikker, M., Zazuelo, J., 1999. Characterizations of a multi-choice value. International Journal of Game Theory 28, 521-532]. We adopt several characterizations from TU game theory and reinterpret them in the framework of multi-choice games. We generalize the potential approach and show that this solution can be formulated as the vector of marginal contributions of a potential function. Also, we characterize the family of all solutions for multi-choice games that admit a potential. Further, a consistency result is reported.
Year of publication: |
2008
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Authors: | Hwang, Yan-An ; Liao, Yu-Hsien |
Published in: |
Mathematical Social Sciences. - Elsevier, ISSN 0165-4896. - Vol. 56.2008, 3, p. 321-335
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Publisher: |
Elsevier |
Keywords: | Multi-choice games Shapley value Potential Consistency |
Saved in:
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