Showing 51 - 60 of 171
In this work we define the game of the alternatives for each preference profile, and establish relations between scoring rules and cooperative solution concepts for that game, such as the family of semivalues and the family of least square values
Persistent link: https://www.econbiz.de/10014193106
We consider multichoice NTU games, i.e., cooperative NTU games in which players can participate in the game with several levels of activity. For these games, we define and characterize axiomatically the multichoice consistent value, which is a generalization of the consistent NTU value for NTU...
Persistent link: https://www.econbiz.de/10014150974
A new axiomatic characterization of the two-step Shapley value (Kamijo, 2009) is presented based on a solidarity principle of the members of any union: when the game changes due to the addition or deletion of players outside the union, all members of the union will share the same gains/losses.
Persistent link: https://www.econbiz.de/10008455642
The superadditive solution for 2-person Nash bargaining games was axiomatically defined in Perles/Maschler (1981). In Perles (1982) it was shown that the axioms are incompatible even for 3-person bargaining games. In this paper we offer a generalization method of this solution concept for...
Persistent link: https://www.econbiz.de/10005755718
The family of discounted Shapley values is analyzed for cooperative games in coalitional form. We consider the bargaining protocol of the alternating random proposer introduced in Hart and Mas-Colell (1996). We demostrate that the discounted Shapley values arise as the expected payoffs...
Persistent link: https://www.econbiz.de/10010784900
We propose two variations of the non-cooperative bargaining model for games in coalitional form, introduced by Hart and Mas-Colell (1996a). These strategic games implement, in the limit, two new NTU-values: The random marginal and the random removal values. The main characteristic of these...
Persistent link: https://www.econbiz.de/10005837322
Persistent link: https://www.econbiz.de/10005409127
We consider multichoice NTU games, i.e., cooperative NTU games in which players can participate in the game with several levels of activity. For these games, we define and characterize axiomatically the multichoice consistent value, which is a generalization of the consistent NTU value for NTU...
Persistent link: https://www.econbiz.de/10005598404
Persistent link: https://www.econbiz.de/10005598408
We extend the Aumann-Shapley value to mixed action-set games, i.e., multilevel TU games where there are simultaneously two types of players: discrete players that possess a finite number of activity levels in which they can join a coalition, and continuous players that possess a continuum of levels.
Persistent link: https://www.econbiz.de/10005598442