Showing 1 - 10 of 62
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
In this paper we consider the problem of the control of access to a firm's productive asset, embedding the relevant decisionmakers into a general structure of formal authority relations. Within such an authority structure, each decision maker acts as a principal to some decision makers, while...
Persistent link: https://www.econbiz.de/10011255955
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', 2010, 68, 626-633. <P> We study cooperative games with communication structure, represented by an undirected graph. Players in the game are able to cooperate only if they can form a network in the graph. A...</p>
Persistent link: https://www.econbiz.de/10011255465
This discussion paper resulted in a publication in the 'International Journal of Game Theory', 40, 87-110.<P> A situation in which a finite set of players can obtain certain payoffs by cooperation can be described by a cooperative game with transferable utility, or simply a TU-game. A solution for...</p>
Persistent link: https://www.econbiz.de/10011255491
In the literature, there exist several models where a cooperative TU-game is enriched with a hierarchical structure on the player set that is represented by a digraph. We consider games under precedence constraints introduced by Faigle and Kern (1992) who also introduce a generalization of the...
Persistent link: https://www.econbiz.de/10011255563
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
This discussion paper led to the article with the same title in 'Social Choice and Welfare' (2014), 43, 173-194.<P> We consider the problem of sharing water among agents located along a river. Each agent has quasi-linear preferences over river water and money, where the benefit of consuming an...</p>
Persistent link: https://www.econbiz.de/10011255637
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
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