Showing 1 - 10 of 11
In this paper we consider standard fixed tree games, for which each vertex unequal to the root is inhabited by exactly one player. We present two weighted allocation rules, the weighted down-home allocation and the weighted neighbour-home allocation, both inspired by the painting story in...
Persistent link: https://www.econbiz.de/10010999533
We consider a situation in which a group of banks consider connecting their Automated Teller Machines (ATMs) in a network, so that the banks’ customers may use ATMs of any bank in the network. The problem studied is that of allocating the total transaction costs arising in the network, among...
Persistent link: https://www.econbiz.de/10010847553
We consider a situation in which a group of banks consider connecting their Automated Teller Machines (ATMs) in a network, so that the banks’ customers may use ATMs of any bank in the network. The problem studied is that of allocating the total transaction costs arising in the network, among...
Persistent link: https://www.econbiz.de/10010999603
In many share problems there is an a priori given a natural set of possible divisions to solve the sharing problem. Cooperative games related to such share sets are introduced, which may be helpful in solving share problems. Relations between properties of share sets and properties of games are...
Persistent link: https://www.econbiz.de/10004977737
This article considers single-valued solutions of transferable utility cooperative games that satisfy core selection and aggregate monotonicity, defined either on the set of all games, G <Superscript> N </Superscript>, or on the set of essential games, E <Superscript> N </Superscript> (those with a non-empty imputation set). The main result is that...</superscript></superscript>
Persistent link: https://www.econbiz.de/10010993421
This paper introduces a new model concerning cooperative situations in which the payoffs are modeled by random variables. We analyze these situations by means of cooperative games with random payoffs. Special attention is paid to three types of convexity, namely coalitional-merge,...
Persistent link: https://www.econbiz.de/10005047564
Recently it is proved that all infinite assignment games have a non-empty core. Using this fact, and a technique suggested by L. S. Shapley for finite permutation games, we prove similar results for infinite permutation games. Infinite transportation games can be interpreted as a generalization...
Persistent link: https://www.econbiz.de/10005081026
Persistent link: https://www.econbiz.de/10005598318
Persistent link: https://www.econbiz.de/10008502510
Three solution concepts for cooperative games with random payoffs are introduced. These are the marginal value, the dividend value and the selector value. Inspiration for their definitions comes from several equivalent formulations of the Shapley value for cooperative TU games. An example shows...
Persistent link: https://www.econbiz.de/10005155681