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A community faces the obligation of providing an indivisible public good. Each member is capable of providing it at a certain cost and the solution is to rely on the player who can do it at the lowest cost. It is then natural that he or she be compensated by the other players. The question is to...
Persistent link: https://www.econbiz.de/10008642230
coalitions also their union is feasible. Properties of solutions (the core, the nucleolus, the prekernel and the Shapley value …
Persistent link: https://www.econbiz.de/10011257183
Maschler et al. (1979) provide a geometrical characterization for the intersection of the kernel and the core of a … each pair of players. In the case of the assignment game, this means that the kernel can be determined as those core … allocations where the maximum amount, that can be transferred without getting outside the core, from one agent to his …
Persistent link: https://www.econbiz.de/10009371382
This paper analyzes the 1-nucleolus and, in particular, its relation to the nucleolus and compromise value. It is seen … that the 1-nucleolus of a cooperative game can be characterized using a combination of standard bankruptcy rules for … associated bankruptcy problems. In particular, for any zero-normalized balanced game, the 1-nucleolus coincides with the Aumann …
Persistent link: https://www.econbiz.de/10011403580
in Baltic Sea. The characteristic func-tion is constructed and the Shapley value and the nucleolus are used as one …
Persistent link: https://www.econbiz.de/10010321960
nucleolus. This paper is an update on the nucleolus and its two related supersolutions, i.e., the kernel and the bargaining set. …
Persistent link: https://www.econbiz.de/10012058650
theoretical knowledge we present and compare seven properties of fair profit sharing. Findings: We show that the nucleolus is a … core-solution, which does not fulfil aggregate monotonicity. In contrast the Shapley value is an aggregate monotonic … solution but does not belong to the core of every cooperative game. Moreover, we present the Lorenz dominance as an additional …
Persistent link: https://www.econbiz.de/10011939396
. For the nucleolus in contrast, none of the pipelines has any strategic relevance at all, which contradicts the empirical …
Persistent link: https://www.econbiz.de/10014618875
coalitions determine both the core and the nucleolus in monotonic games whenever the core is non-empty. We show how these two …We provide a new modus operandi for the computation of the nucleolus in cooperative games with transferable utility … sample computation of the nucleolus of bankruptcy games - the shortest of its kind. …
Persistent link: https://www.econbiz.de/10011444391
The group identification literature mostly revolves around the problem of identifying individuals in the community who belong to groups with ethnic or religious identity. Here we use the same model framework to identify individuals who play key role in some sense. In particular we will focus on...
Persistent link: https://www.econbiz.de/10011444409