Showing 1 - 10 of 55
This paper studies the payoff structure of stable cooperation structures in link formation games. Players choose non …. We characterize the class of TU-games that ensure the stability of the full cooperation structure, which turns out to be … much larger than the class of superadditive TU-games. We then provide an exact characterization of the Moderer and Shapley …
Persistent link: https://www.econbiz.de/10011335692
cooperative game with transferable utility, or simply a TU-game. A solution for TU-games assigns a set of payoff distributions … distributing dividends. In this paper we consider games with limited communication structure in which the edges or links of an … if and only if they are connected. For such games we discuss Harsanyi solutions whose dividend shares are based on power …
Persistent link: https://www.econbiz.de/10010325275
In this paper we study cooperative games with limited cooperation possibilities, represented by an undirected cycle …
Persistent link: https://www.econbiz.de/10010325416
In this paper we introduce an extension of the model of restricted communication in cooperative games as introduced in …
Persistent link: https://www.econbiz.de/10010325743
We consider cooperative transferable utility games, or simply TU-games, with a limited communication structure in which … neutrality for cycle-free graph games yields other solutions such as the hierarchical outcomes and the average tree solution …. Since these solutions also satisfy the superfluous player property, this also `solves' an impossibility for TU-games since …
Persistent link: https://www.econbiz.de/10010325757
We introduce an efficient solution for games with communication graph structures and show that it is characterized by …
Persistent link: https://www.econbiz.de/10010325828
This paper analyzes Harsanyi power solutions for cooperative games in which partial cooperation is based on union … stable systems. These structures contain as particular cases the widely studied communication graph games and permission …
Persistent link: https://www.econbiz.de/10010326211
Cooperative games with partial cooperation cover a wider rank of real world situations than the classic model of … cooperative games where every subset of a set of agents can form a coalition to execute the game. In this paper, the set of … which effects a union stable system has on certain desirable properties of these games. Using the superfluous support …
Persistent link: https://www.econbiz.de/10010326313
We introduce an Owen-type value for games with two-level communication structures, being structures where the players … Aumann-Dreze value for games with coalition structures, the Myerson value for communication graph games and the equal surplus …
Persistent link: https://www.econbiz.de/10010326497
There is an extensive literature that studies situations of restricted cooperation in cooperative games. Myerson (1979 …) introduced communication graph games, where players can only cooperate if they are connected in an undirected graph representing … van den Brink (1992) introduced games with a (hierarchical) permission structure modeled by a directed graph on the set of …
Persistent link: https://www.econbiz.de/10010491412