Showing 1 - 10 of 153
situation in which a finite set of players can obtain certain payoffs by cooperation can be described by a cooperative game with …
Persistent link: https://www.econbiz.de/10011255491
This discussion paper resulted in a publication in the 'Annals of Operations Research' (forthcoming).<P> We introduce an Owen-type value for games with two-level communication structures, being structures where the players are partitioned into a coalition structure such that there exists restricted...</p>
Persistent link: https://www.econbiz.de/10011255614
In this paper we introduce an extension of the model of restricted communication in cooperative games as introduced in Myerson (1977) by allowing communication links to be directed and the worth of a coalition to depend on the order in which the players enter the coalition. Therefore, we model...
Persistent link: https://www.econbiz.de/10011255646
paper analyzes Harsanyi power solutions for cooperative games in which partial cooperation is based on union stable systems …
Persistent link: https://www.econbiz.de/10011255839
In this paper we study cooperative games with limited cooperation possibilities, represented by an undirected cycle …
Persistent link: https://www.econbiz.de/10011256394
There is an extensive literature that studies situations of restricted cooperation in cooperative games. Myerson (1979 …
Persistent link: https://www.econbiz.de/10011256471
We consider cooperative transferable utility games, or simply TU-games, with a limited communication structure in which players can cooperate if and only if they are connected in the communication graph. A difference between the restricted Banzhaf value and the Myerson value (i.e. the Shapley...
Persistent link: https://www.econbiz.de/10011256580
This discussion paper resulted in a publication in 'Economics Letters', 2012, 117, 786-789.<P> We introduce an efficient solution for games with communication graph structures and show that it is characterized by efficiency, fairness and a new axiom called component balancedness. This latter axiom...</p>
Persistent link: https://www.econbiz.de/10011256656
, 650-668.<P> Cooperative games with partial cooperation cover a wider rank of real world situations than the classic model … set of feasible coalitions which models the partial cooperation will be given by a union stable system. These systems …
Persistent link: https://www.econbiz.de/10011256986
One of the main issues in economics is the trade-off between marginalism and egalitarianism. In the context of cooperative games this trade-off can be framed as one of choosing to allocate according to the Shapley value or the equal division solution. In this paper we provide tools that make it...
Persistent link: https://www.econbiz.de/10011255779