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We introduce and compare several coalition values for multichoice games. Albizuri defined coalition structures and an extension of the Owen coalition value for multichoice games using the average marginal contribution of a player over a set of orderings of the player’s representatives....
Persistent link: https://www.econbiz.de/10010847794
We introduce and compare several coalition values for multichoice games. Albizuri defined coalition structures and an extension of the Owen coalition value for multichoice games using the average marginal contribution of a player over a set of orderings of the player’s representatives....
Persistent link: https://www.econbiz.de/10010950201
Persistent link: https://www.econbiz.de/10012649019
In Kleinberg and Weiss, Math Soc Sci 12:21–30 (<CitationRef CitationID="CR14">1986b</CitationRef>), the authors used the representation theory of the symmetric groups to characterize the space of linear and symmetric values. We call such values “membership” values, as a player’s payoff depends on the worths of the coalitions to...</citationref>
Persistent link: https://www.econbiz.de/10010993412
This study provides a unified axiomatic characterization method of one-point solutions for cooperative games with transferable utilities. Any one-point solution that satisfies efficiency, the balanced cycle contributions property (BCC), and the axioms related to invariance under a player...
Persistent link: https://www.econbiz.de/10010577603