We consider a class of cooperative network games with transferable utilities in which players interact through a probabilistic network rather than a regular, deterministic network. In this class of wealth-generating situations we consider probabilistic extensions of the Myerson value and the...

We study the welfare consequences of merging disjoint Shapley-Scarf housing markets. We obtain tight bounds on the number of agents harmed by integration and on the size of their losses. We show that, in the worst-case scenario, market integration may harm the vast majority of agents, and that...

In cooperative games with transferable utilities, the Shapley value is an extreme case of marginalism while the Equal Division rule is an extreme case of egalitarianism. The Shapley value does not assign anything to the non-productive players and the Equal Division rule does not concern itself...