Showing 1 - 10 of 23
We introduce the prediction value (PV) as a measure of players’ informational importance in probabilistic TU games. The latter combine a standard TU game and a probability distribution over the set of coalitions. Player i’s prediction value equals the difference between the conditional...
Persistent link: https://www.econbiz.de/10011256041
This discussion paper resulted in a publication in 'Games and Economic Behavior', 2012, 76, 344-348. <P> Three well-known solutions for cooperative TU-games are the Shapley value, the Banzhaf value and the equal division solution. In the literature various axiomatizations of these solutions can be...</p>
Persistent link: https://www.econbiz.de/10011256444
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 the <I>International Journal of Game Theory</I>, 39, 445-466.<P> See also ''An Axiomatization of the Conjunctive Permission Value for Games with a Hierarchical Permission Structure'', in: Logic, Game Theory and Social Choice (ed. H. de Swart), pp....</p></i>
Persistent link: https://www.econbiz.de/10011257453
This discussion paper led to a publication in 'Mathematical Methods of Operations Research', 59, 147-166. <P> Cooperative games on antimatroids are cooperative games restricted by a combinatorial structure which generalize the permission structure. So, cooperative games on antimatroids group...</p>
Persistent link: https://www.econbiz.de/10011257583
This discussion paper led to a publication in 'TOP' (forthcoming).<P> In this paper we introduce and characterize two new values for transferable utility games with graph restricted communication and a priori unions. Both values are obtained by applying the Shapley value to an associated TU-game....</p>
Persistent link: https://www.econbiz.de/10011255446
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
A situation in which a finite set of agents can generate certain payoffs by cooperation can be described by a cooperative game with transferable utility (or simply a TU-game) where each agent is represented by one player in the game. In this paper, we assume that one agent can be represented by...
Persistent link: https://www.econbiz.de/10011255881
This discussion paper resulted in a publication in 'Mathematical Methods of Operations Research', 2013, 77, 1-14.<P> In this paper we provide new axiomatizations of the Shapley value for TU-games using axioms that are based on relational aspects in the interactions among players. Some of these...</p>
Persistent link: https://www.econbiz.de/10011255991
We consider a cooperative game with a bipartition that indicates which players are participating. This paper provides an analytical solution for the Shapley value when the worth of a coalition only depends on the number of participating coalition players. The computational complexity grows...
Persistent link: https://www.econbiz.de/10011256161