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Multichoice games, as well as many other recent attempts to generalize the notion of classical cooperative game, can be casted into the framework of lattices. We propose a general definition for games on lattices, together with an interpretation. Several definitions of the Shapley value of a...
Persistent link: https://www.econbiz.de/10010950022
Multichoice games have been introduced by Hsiao and Raghavan as a generalization of classical cooperative games. An important notion in cooperative game theory is the core of the game, as it contains the rational imputations for players. We propose two definitions for the core of a multichoice...
Persistent link: https://www.econbiz.de/10010999800
Finding a solution concept is one of the central problems in cooperative game theory, and the notion of core is the most popular solution concept since it is based on some rationality condition. In many real situations, not all possible coalitions can form, so that classical TU-games cannot be...
Persistent link: https://www.econbiz.de/10010950177