Showing 151 - 157 of 157
In the framework of (set-valued or single-valued) solutions for coalitional games with transferable utility, the three notions of consistency, bilateral consistency, and converse consistency are frequently used to provide axiomatic characterizations of a particular solution (like the core,...
Persistent link: https://www.econbiz.de/10005408937
The main purpose is to prove the supermodularity (convexity) property of a cooperative game arising from an economical situation. The underlying oligopoly situation is based on a linear inverse demand function as well as linear cost functions for the participating firms. The characteristic...
Persistent link: https://www.econbiz.de/10009018940
The paper provides two characterizations of probabilistic values satisfying three classical axioms (linearity, dummy player and any of three "symmetry" axioms) together with a new probabilistic-efficiency axiom. This new axiom requires that players of a game allocate the total amount of their...
Persistent link: https://www.econbiz.de/10005515311
The family of weighted Banzhaf values for cooperativen-person TU-games is studied. First we introduce the weighted Banzhaf value for an exogenously given vector of positive weights of the players. Then we give an axiomatic characterization of the class of all possible weighted Banzhaf values....
Persistent link: https://www.econbiz.de/10010759150
Persistent link: https://www.econbiz.de/10005755632
Persistent link: https://www.econbiz.de/10008173214
Persistent link: https://www.econbiz.de/10008486624