Showing 1 - 10 of 25
We study the core of a non-atomic game v which is uniformly continuous with respect to the DNA-topology and continuous at the grand coalition. Such a game has a unique DNA-continuous extension ${\overline {v}}$ on the space B1 of ideal sets. We show that if the extension ${\overline {v}}$ is...
Persistent link: https://www.econbiz.de/10005155726
We present a classification of all stationary subgame perfect equilibria of the random proposer model for a three-person cooperative game according to the level of efficiency. The efficiency level is characterized by the number of “central” players who join all equilibrium coalitions. The...
Persistent link: https://www.econbiz.de/10011151105
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