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Persistent link: https://www.econbiz.de/10010336171
We resolve redundancies in the characterizations of the Banzhaf value suggested by Haller (1994, Int J Game Theory 23, 261-281) and Malawski (2002, Int J Game Theory 31:47-67). In particular, we show that the collusion properties employed by them are equivalent. Combined with the dummy player...
Persistent link: https://www.econbiz.de/10010306844
We suggest new characterizations of the Banzhaf value without the symmetry axiom, which reveal that the characterizations by Lehrer (1988, International Journal of Game Theory 17, 89-99) and Nowak (1997, International Journal of Game Theory 26, 127-141) as well as most of the characterizations...
Persistent link: https://www.econbiz.de/10010285420
We provide new, concise characterizations of the Banzhaf value on a fixed player set employing just the standard dummy player property and one of the collusion properties suggested by Haller (Int J Game Theory 23:261–281, <CitationRef CitationID="CR8">1994</CitationRef>) and Malawski (Int J Game Theory 31:47–67, <CitationRef CitationID="CR11">2002</CitationRef>). Within these...</citationref></citationref>
Persistent link: https://www.econbiz.de/10010993400
We resolve redundancies in the characterizations of the Banzhaf value suggested by Haller (1994, Int J Game Theory 23, 261-281) and Malawski (2002, Int J Game Theory 31:47-67). In particular, we show that the collusion properties employed by them are equivalent. Combined with the dummy player...
Persistent link: https://www.econbiz.de/10009321679
Persistent link: https://www.econbiz.de/10009327388
Persistent link: https://www.econbiz.de/10010557749
We show that the Owen value for TU games with a cooperation structure extends the Shapley value in a consistent way. In particular, the Shapley value is the expected Owen value for all symmetric distributions on the partitions of the player set. Similar extensions of the Banzhaf value do not...
Persistent link: https://www.econbiz.de/10008475664
We suggest new characterizations of the Banzhaf value without the symmetry axiom, which reveal that the characterizations by Lehrer (1988, International Journal of Game Theory 17, 89-99) and Nowak (1997, International Journal of Game Theory 26, 127-141) as well as most of the characterizations...
Persistent link: https://www.econbiz.de/10008764997