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We study cooperative games with transferable utility and limited cooperation possibilities. The focus is on communication structures where the set of players forms a circle, so that the possibilities of cooperation are represented by the connected sets of nodes of an undirected circular graph....
Persistent link: https://www.econbiz.de/10011041728
We prove that the SD-prenucleolus satisfies monotonicity in the class of convex games. The SD-prenucleolus is thus the … only known continuous core concept that satisfies monotonicity for convex games. We also prove that for convex games the SD-prenucleolus …
Persistent link: https://www.econbiz.de/10011129018
, a weak version of CRGP (the converse RGP) has to be added, and CLOS can be deleted. For classical games the prenucleolus …
Persistent link: https://www.econbiz.de/10010818963
, a weak version of CRGP (the converse RGP) has to be added, and CLOS can be deleted. For classical games the prenucleolus …
Persistent link: https://www.econbiz.de/10010791268
, a weak version of CRGP (the converse RGP) has to be added, and CLOS can be deleted. For classical games the prenucleolus …
Persistent link: https://www.econbiz.de/10011026097
<Para ID="Par1">We introduce and characterize a new solution concept for TU games: The Surplus Distributor Prenucleolus …. The new solution is a lexicographic value although it is not a weighted prenucleolus. The SD-prenucleolus satisfies core …
Persistent link: https://www.econbiz.de/10011152061
We introduce and characterize a new solution concept for TU games. The new soluction is called SD-prenucleolus and is a … lexicographic value although is not a weighted prenucleolus. The SD-prenucleolus satisfies several desirable poperties and is the … of balanced games. The SD-prenucleolus is the only known solution that satisfies core stability continuity and is …
Persistent link: https://www.econbiz.de/10009366886
The paper presents a framework in which the most important single-valued solutions in the literature of TU games are jointly analyzed. None of the main results is original.
Persistent link: https://www.econbiz.de/10005047542
The paper presents a framework where the most important single-valued solutions in the literature of TU games are jointly analyzed. The paper also suggests that similar frameworks may be useful for other coalitional models.
Persistent link: https://www.econbiz.de/10005121345
in the cooperative game theory. We show that the well-known solutions of the cooperative game theory, the Shapley value …, the nucleolus (or the prenucleolus), and the t -value, coincide under a mild condition onthe traveling cost. …
Persistent link: https://www.econbiz.de/10011245946