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In this paper we describe the extreme points of two closely related polytopes that are assigned to a digraph. The first polytope is the set of all sharing vectors (elements from the unit simplex) such that each node gets at least as much as each of its successors. The second one is the set of...
Persistent link: https://www.econbiz.de/10005136905
Recently, applications of cooperative game theory to economic allocation problems have gained popularity. To understand these applications better, economic theory studies the similarities and differences between them. The purpose of this paper is to investigate a special class of cooperative...
Persistent link: https://www.econbiz.de/10005136928
A situation in which a finite set of players can obtain certain payoffs by cooperation can be described by a cooperative game with transferable utility, or simply a TU-game. A (single-valued) solution for TU-games assigns a payoff distribution to every TU-game. A well-known solution is the...
Persistent link: https://www.econbiz.de/10005137018
A value mapping for cooperative games with transferable utilities is a mapping that assigns to every game a set of vectors each representing a distribution of the payoffs. A value mapping is efficient if to every game it assigns a set of vectors which components all sum up to the worth that can...
Persistent link: https://www.econbiz.de/10005752869
A cooperative game with transferable utility describes a situation in which players can obtain certain payoffs by cooperation. A share function for such games is a function which assigns for every game a distribution of the payoffs over the players in the game. <BR><BR> In this paper we consider...
Persistent link: https://www.econbiz.de/10005281774
A situation in which a finite set of players can obtain certain payoffs by cooperation can be described by a cooperative game with transferable utility, or simply a TU-game. A (single-valued) solution for TU-games assigns a payoff distribution to every TU-game. A well-known solution is the...
Persistent link: https://www.econbiz.de/10004964460
This discussion paper resulted in a publication in the 'International Journal of Game Theory', 2011, 40, 591-616.<P> A situation in which a finite set of players can obtain certain payoffs by cooperation can be described by a cooperative game with transferable utility, or simply a TU-game. A...</p>
Persistent link: https://www.econbiz.de/10011256279
There is an extensive literature that studies situations of restricted cooperation in cooperative games. Myerson (1979) introduced communication graph games, where players can only cooperate if they are connected in an undirected graph representing the communication possibilities. The Myerson...
Persistent link: https://www.econbiz.de/10011256471
This discussion paper led to a publication in 'Games and Economic Behavior', 2005, 51, 193-212. <P> A cooperative game with transferable utility describes a situation in which players can obtain certain payoffs by cooperation. A sharefunction for such games is a function which assigns for every...</p>
Persistent link: https://www.econbiz.de/10011256541
Recently, applications of cooperative game theory to economic allocation problems have gained popularity. In many such allocation problems, such as river games, queueing games and auction games, the game is totally positive (i.e., all dividends are nonnegative), and there is some hierarchical...
Persistent link: https://www.econbiz.de/10011256619