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This paper introduces a new solution concept for cooperative games with general coalitional structure in which only certain sets of players, including the set of all players, are able to form feasible coalitions. The solution concept takes into account the marginal contribution of players. This...
Persistent link: https://www.econbiz.de/10013088770
of coalitions are explicitly taken into account. We formulate conditions under which it leads to a core element and …
Persistent link: https://www.econbiz.de/10012957744
, 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
This paper revisits the Alexia value, a recent solution concept for cooperative transferable utility games. We introduce the dual Alexia value and show that it coincides with the Alexia value for several classes of games. We demonstrate the importance of the notion of compromise stability for...
Persistent link: https://www.econbiz.de/10012729181
theoretic perspective. A corresponding preparation sequencing game is defined and the focus is on the core and nucleolus of such …
Persistent link: https://www.econbiz.de/10014196913
representation we also define a generalized Bird allocation which we show to be in the core of the corresponding appropriate …
Persistent link: https://www.econbiz.de/10014171035
convexity type condition is provided that guarantees its stability with respect to an appropriately defined core concept. An …
Persistent link: https://www.econbiz.de/10014141347
We introduce a single-valued solution concept, the so-called average covering tree value, for the class of transferable utility games with limited communication structure represented by a directed graph. The solution is the average of the marginal contribution vectors corresponding to all...
Persistent link: https://www.econbiz.de/10014169822
family sequencing game has a non-empty core by showing that a particular marginal vector belongs to the core.Finally, we …
Persistent link: https://www.econbiz.de/10013106485
Using network control structures this paper introduces network communication games as a generalization of vertex games and edge games corresponding to communication situations and studies their decomposition into unanimity games. We obtain a relation between the dividends of the network...
Persistent link: https://www.econbiz.de/10013010479