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We consider a class of cooperative network games with transferable utilities in which players interact through a probabilistic network rather than a regular, deterministic network. In this class of wealth-generating situations we consider probabilistic extensions of the Myerson value and the...
Persistent link: https://www.econbiz.de/10014284468
In cooperative games with transferable utilities, the Shapley value is an extreme case of marginalism while the Equal Division rule is an extreme case of egalitarianism. The Shapley value does not assign anything to the non-productive players and the Equal Division rule does not concern itself...
Persistent link: https://www.econbiz.de/10014284472
We propose an allocation rule that takes into account the importance of both players and their links and characterize it for a fixed network. Our characterization is along the lines of the characterization of the Position value for Network games by van den Nouweland and Slikker (2012). The...
Persistent link: https://www.econbiz.de/10011209337
Persistent link: https://www.econbiz.de/10010513821
Persistent link: https://www.econbiz.de/10014440158
We consider a class of cooperative network games with transferable utilities in which players interact through a probabilistic network rather than a regular, deterministic network. In this class of wealth-generating situations we consider probabilistic extensions of the Myerson value and the...
Persistent link: https://www.econbiz.de/10012823311
Persistent link: https://www.econbiz.de/10012291553
Persistent link: https://www.econbiz.de/10013174834
Persistent link: https://www.econbiz.de/10013275533
In cooperative games with transferable utilities, the Shapley value is an extreme case of marginalism while the Equal Division rule is an extreme case of egalitarianism. The Shapley value does not assign anything to the non-productive players and the Equal Division rule does not concern itself...
Persistent link: https://www.econbiz.de/10014031327