Showing 1 - 10 of 16
, it is shown that a decreasing unit price function is a sufficient condition for a non-empty core: the Direct Price … solution is both a core element and a marginal vector. It is seen that the nucleolus of an MCP-game can be derived in …
Persistent link: https://www.econbiz.de/10013107420
costs such that each agent demands consecutive sections. We show that the core, the prenucleolus, and the Shapley value on … associated games do not occur. The main axioms for the core and the nucleolus are consistency properties based on the reduced …
Persistent link: https://www.econbiz.de/10013019777
In this paper we consider a proper Shapley value (the V L value) for cooperative network games. This value turns out to have a nice interpretation. We compute the V L value for various kinds of networks and relate this value to optimal strategies in an associated matrix game
Persistent link: https://www.econbiz.de/10014064942
Persistent link: https://www.econbiz.de/10011350040
Persistent link: https://www.econbiz.de/10012383853
On several classes of n-person NTU games that have at least one Shapley NTU value, Aumann characterized this solution by six axioms: Non-emptiness, efficiency, unanimity, scale covariance, conditional additivity, and independence of irrelevant alternatives (IIA). Each of the first five axioms is...
Persistent link: https://www.econbiz.de/10010317127
rule can be used to generate a core allocation and can be viewed as the average of two specific marginal vectors …
Persistent link: https://www.econbiz.de/10014049861
Persistent link: https://www.econbiz.de/10011297455
Persistent link: https://www.econbiz.de/10013440129
Persistent link: https://www.econbiz.de/10009524282