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Coalition Formation and Social Choice provides a unified and comprehensive study of coalition formation and collective … coalition formation in which the endogenous formation of preferences for coalitions is basic. Both simple game theory and social … theories but also offers a new and fresh perspective on coalition formation and collective decision-making in committees. The …
Persistent link: https://www.econbiz.de/10013520111
The concept of a value of a coalitional game, in the spirit of R.J. Aumann and L.S. Shapley, is extended to the case of games with fuzzy coalitions, providing new and heuristically meaningful insights into the game theoretical context, which have some significant impact on balance and equilibria...
Persistent link: https://www.econbiz.de/10013520167
this game the dividend of any coalition that is neither a subset of a union nor a union of unions is zero. The partition … dividend of any coalition that is not connected in the graph is zero. We apply the values to an economic example in which the …
Persistent link: https://www.econbiz.de/10013118315
In this paper we provide characterizations of convex games and total clan games by using properties of their corresponding marginal games. We show that a "dualize and restrict" procedure transforms total clan games with zero worth for the clan into monotonic convex games. Furthermore, each...
Persistent link: https://www.econbiz.de/10013150483
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)...
Persistent link: https://www.econbiz.de/10013081872
Many local public goods are provided in coalitions. When coalitions form they may have the power to exclude members. The core applies to such cases. When coalitions cannot exclude members, all who prefer the provided public good can join. The no-exodus equilibrium is proposed for such cases. It...
Persistent link: https://www.econbiz.de/10013082355
We consider (cooperative) linear production games with a continuum of players. The coalitional function is generated by r 1 “production factors” that is, non atomic measures defined on an interval. r of these are orthogonal probabilities which, economically, can be considered as...
Persistent link: https://www.econbiz.de/10013063548
for TU-games with coalition structures, namely the Shapley-ESL value, which applies the Shapley value among coalitions and … the ESL value within coalitions. Based on a new basis for TU-games with any given coalition structure, we propose …
Persistent link: https://www.econbiz.de/10014355269
Cooperative game theory addresses two problems: coalition formation and payoff distribution. We hypothesize that the … existence of the core, which is a fundamental concept in cooperative game theory, affects coalition formation, and we examine … both coalition formation and the payoff distribution simultaneously. The bargaining protocol is unstructured, i.e., similar …
Persistent link: https://www.econbiz.de/10014241367
Persistent link: https://www.econbiz.de/10014373412