Showing 1 - 10 of 23
We introduce ideas and methods from distribution theory into value theory. This new approach enables us to construct new diagonal formulas for the Mertens value (Int J Game Theory 17:1–65, <CitationRef CitationID="CR5">1988</CitationRef>) and the Neyman value (Isr J Math 124:1–27, <CitationRef CitationID="CR6">2001</CitationRef>) on a large space of non-differentiable games....</citationref></citationref>
Persistent link: https://www.econbiz.de/10010993409
In Kleinberg and Weiss, Math Soc Sci 12:21–30 (<CitationRef CitationID="CR14">1986b</CitationRef>), the authors used the representation theory of the symmetric groups to characterize the space of linear and symmetric values. We call such values “membership” values, as a player’s payoff depends on the worths of the coalitions to...</citationref>
Persistent link: https://www.econbiz.de/10010993412
Persistent link: https://www.econbiz.de/10005371498
We will find 3 maximal subclasses with respect to essential, superadditive and convex games, respectively such that a game is in one subclass, so are its reduced games.
Persistent link: https://www.econbiz.de/10005375529
Persistent link: https://www.econbiz.de/10005375674
Persistent link: https://www.econbiz.de/10005375692
Three solution concepts for cooperative games with random payoffs are introduced. These are the marginal value, the dividend value and the selector value. Inspiration for their definitions comes from several equivalent formulations of the Shapley value for cooperative TU games. An example shows...
Persistent link: https://www.econbiz.de/10005155681
Persistent link: https://www.econbiz.de/10005155744
A multi-choice game is a generalization of a cooperative game in which each player has several activity levels. We study the extended Shapley value as proposed by Derks and Peters (1993). Van den Nouweland (1993) provided a characterization that is an extension of Young's (1985) characterization...
Persistent link: https://www.econbiz.de/10005155762
Persistent link: https://www.econbiz.de/10008594133