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A formal scheme is described for coalition formation in a game of interconnected participants with monotonic utility …
Persistent link: https://www.econbiz.de/10005407534
markets, to attain higher value from the emission trading, we have shown that coalition strategies provide a pertinent … coalitions and hence the coalition strategies. …
Persistent link: https://www.econbiz.de/10005550910
An expanded model of value in cooperative games is presented in which value has either a linear or a proportional mode, and NTU value has either an input or an output basis. In TU games, the modes correspond to the Shapley (1953) and proportional (Feldman (1999) and Ortmann (2000)) values. In...
Persistent link: https://www.econbiz.de/10005407563
In cooperative games in which the players are partitioned into groups, we study the incentives of the members of a group to leave it and become singletons. In this context, we model a non-cooperative mechanism in which each player has to decide whether to stay in his group or to exit and act as...
Persistent link: https://www.econbiz.de/10005118646