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In a standard TU-game it is assumed that every subset of the player set can form a coalition and earn its worth. One of … the first models where restrictions in cooperation are considered is the one of games with coalition structure. In such … value for games with coalition structure under the assumption that also the unions can cooperate among them. Winter extended …
Persistent link: https://www.econbiz.de/10010326205
Previous allocation rules for network games, such as the Myerson Value, implicitly or explicitly take the network … alternative network structures (not just sub-networks) can and should influence the allocation of value among players on any given … network structure. I present a family of allocation rules that incorporate information about alternative network structures …
Persistent link: https://www.econbiz.de/10011325073
) core is empty if and only if the maximum of generated payoffs (mgp) is greater than the grand coalition's payoff v(N), or …
Persistent link: https://www.econbiz.de/10010270946
A coalitional matching is a two-sided matching problem in which agents on each side of the market may form coalitions such as student groups and research teams who - when matched - form universities. We assume that each researcher has preferences over the research teams he would like to work in...
Persistent link: https://www.econbiz.de/10010270953
In this paper we provide characterizations of convex games and total clan games by using properties of their corresponding marginal games. We show that a 'dualize and restrict' procedure transforms total clan games with zero worth for the clan into monotonic convex games. Furthermore, each...
Persistent link: https://www.econbiz.de/10010272559
This article describes the basic elements of the cooperative approach to game theory, one of the two counterparts of the discipline. After the presentation of some basic definitions, the focus will be on the core and the Shapley value, two of the most central solution concepts in cooperative...
Persistent link: https://www.econbiz.de/10010318970
symmetric network we define a cooperative transferable utility game that measures the power of each coalition of positions in …A symmetric network consists of a set of positions and a set of bilateral links between these positions. Examples of … the network. Applying the Shapley value to this game yields a network power measure, the beta-measure, which reflects the …
Persistent link: https://www.econbiz.de/10010325263
network formation, however, has powerful effects on individual behavior: if costs of forming links are below a certain …
Persistent link: https://www.econbiz.de/10010284175
This paper considers a model of economic network characterized by an endogenous architecture and frictions in the … relations among agents as described in Bala and Goyal (2000). We propose a similar network model with the difference that …
Persistent link: https://www.econbiz.de/10010293402
This paper considers a communication network characterized by an endogenous architecture and an imperfect transmission … of information as in Bala and Goyal (2000). We propose a similar network's model with the difference that it is … dominant. Differently from other models, where the network represents only a channel to obtain information or to play a game …
Persistent link: https://www.econbiz.de/10010312452