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models of communication and hierarchy restrictions in cooperative games, compare different network structures with each other … illustrate these network structures by applying them to cooperative games with restricted cooperation. …
Persistent link: https://www.econbiz.de/10012605985
It is known that peer group games are a special class of games with a permission structure. However, peer group games … are also a special class of (weighted) digraph games. To be specific, they are digraph games in which the digraph is the … transitive closure of a rooted tree. In this paper we first argue that some known results on solutions for peer group games hold …
Persistent link: https://www.econbiz.de/10010326477
We introduce an Owen-type value for games with two-level communication structures, being structures where the players … Aumann-Dreze value for games with coalition structures, the Myerson value for communication graph games and the equal surplus …
Persistent link: https://www.econbiz.de/10010326497
We consider the problem of sharing water among agents located along a river. Each agent has quasi-linear preferences over river water and money, where the benefit of consuming an amount of water is given by a continuous and concave benefit function. A solution to the problem efficiently...
Persistent link: https://www.econbiz.de/10010326510
In the literature various models of games with restricted cooperation can be found. In those models, instead of … games based on the idea of the Average Tree value for cycle-free communication graph games. We provide two axiomatizations …
Persistent link: https://www.econbiz.de/10010326524
cooperative game with transferable utility, or simply a TU-game. A solution for TU-games assigns a set of payoff distributions to … every TU-game. In the literature various models of games with restricted cooperation can be found. So, instead of allowing …) are given for games on union closed systems. …
Persistent link: https://www.econbiz.de/10010325691
cooperative game with transferable utility, or simply a TU-game. A (single-valued) solution for TU-games assigns a payoff … distribution to every TU-game. A well-known solution is the Shapley value. In the literature various models of games with … solutions or rules for these games that generalize the Shapley value: one is obtained as the conjunctive permission value using …
Persistent link: https://www.econbiz.de/10010325733
We introduce an efficient solution for games with communication graph structures and show that it is characterized by …
Persistent link: https://www.econbiz.de/10010325828
Three well-known solutions for cooperative TU-games are the Shapley value, the Banzhaf value and the equal division …
Persistent link: https://www.econbiz.de/10010325938
In this paper we consider the problem of sharing water from a river among a group of agents (countries, cities, firms) located along the river. The benefit of each agent depends on the amount of water consumed by the agent. An allocation of the water among the agents is efficient when it...
Persistent link: https://www.econbiz.de/10010325973