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-convexity, under which the game is shown to have a non-empty core and the average tree solution lies in the core. In general, link …
Persistent link: https://www.econbiz.de/10011377055
coalitions also their union is feasible. Properties of solutions (the core, the nucleolus, the prekernel and the Shapley value …
Persistent link: https://www.econbiz.de/10011383187
This paper analyzes the 1-nucleolus and, in particular, its relation to the nucleolus and compromise value. It is seen that the 1-nucleolus of a cooperative game can be characterized using a combination of standard bankruptcy rules for associated bankruptcy problems. In particular, for any...
Persistent link: https://www.econbiz.de/10011376297
A situation in which a finite set of players can obtain certain payoffs by cooperation can be described by a 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...
Persistent link: https://www.econbiz.de/10011376532
A situation in which a finite set of players can obtain certain payoffs by cooperation can be described by a 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...
Persistent link: https://www.econbiz.de/10011377258
nonnegative), and there is some hierarchical ordering of the players. In this paper we introduce the 'Restricted Core' for such … of the players. For totally positive games this solution is always contained in the 'Core', and contains the well … coalitions). For special orderings it equals the Core, respectively Shapley value. We provide an axiomatization and apply this …
Persistent link: https://www.econbiz.de/10011378242
A situation in which a finite set of players can obtain certain payoffs by cooperation can be described by a 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...
Persistent link: https://www.econbiz.de/10011378792
Harsanyi set is related to the Core and Weberset. We also characterize the Harsanyi mapping as the unique mappingsatisfying a …
Persistent link: https://www.econbiz.de/10011313932
, these results state already that the set of Harsanyi payoff vectors is given by the core of an associated convex game, a …
Persistent link: https://www.econbiz.de/10011327842
commitment possibilities and propose the Weak Sequential Core as a solution concept. We characterize the Weak Sequential Core and … Core …
Persistent link: https://www.econbiz.de/10009152573