Showing 1 - 10 of 180
We reconsider the Myerson value and the position value for communication situations. In case the underlying game is a unanimity game, we show that each of these values can be computed using the inclusion--exclusion principle. Linearity of both values permits us to calculate them without needing...
Persistent link: https://www.econbiz.de/10005710957
Persistent link: https://www.econbiz.de/10003667040
Persistent link: https://www.econbiz.de/10008221387
Persistent link: https://www.econbiz.de/10005364680
In this paper we introduce an extension of the model of restricted communication in cooperative games as introduced in Myerson (1977) by allowing communication links to be directed and the worth of a coalition to depend on the order in which the players enter the coalition. Therefore, we model...
Persistent link: https://www.econbiz.de/10011373812
Persistent link: https://www.econbiz.de/10011639730
Persistent link: https://www.econbiz.de/10002538886
In this paper we introduce an extension of the model of restricted communication in cooperative games as introduced in Myerson (1977) by allowing communication links to be directed and the worth of a coalition to depend on the order in which the players enter the coalition. Therefore, we model...
Persistent link: https://www.econbiz.de/10010325743
In this paper we provide new axiomatizations of the Shapley value for TU-games using axioms that are based on relational aspects in the interactions among players. Some of these relational aspects, in particular the economic or social interest of each player in cooperating with each other, can...
Persistent link: https://www.econbiz.de/10010326379
Generalized characteristic functions extend characteristic functions of 'classical' TU-games by assigning a real number to every ordered coalition being a permutation of any subset of the player set. Such generalized characteristic functions can be applied when the earnings or costs of...
Persistent link: https://www.econbiz.de/10010326540