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In this paper we study situations where asymmetric players have restricted possibilities for communication. Extreme asymmetry results in a hierarchy among the players. We introduce a class of allocation rules for these situations inspired by the Myerson value (Myerson (1977)) and Shapley values...
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In this paper we study situations where asymmetric players have restricted possibilities for communication. Extreme asymmetry results in a hierarchy among the players. We introduce a class of allocation rules for these situations inspired by the Myerson value (Myerson (1977)) and Shapley values...
Persistent link: https://www.econbiz.de/10010759200
We use the axiomatization of the position value for network situations in van den Nouweland and Slikker (2012) to define a position value for partition function form network situations by generalizing the axioms to the partition function form value function setting as studied in Navarro (2007)...
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Network situations as introduced by Jackson and Wolinsky (1996) incorporate the influence of the architecture of a network rather than just the connectivity it provides and thereby provide a more flexible setting than communication situations, which consist of a game with transferable utility...
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