Showing 81 - 90 of 676,932
A situation in which a finite set of players can generate certain payoffs by cooperation can be described by a cooperative game with transferable utility. A solution for TU-games assigns to every TU-game a distribution of the payoffs that can be earned over the individual players. Two well-known...
Persistent link: https://www.econbiz.de/10011342569
A cooperative game with transferable utilities, or simply aTU-game, describes a situation in which players can obtain certainpayoffs by cooperation. A solution mapping for these games is amapping which assigns to every game a set of payoff distributionsover the players in the game. Well-known...
Persistent link: https://www.econbiz.de/10011313932
Persistent link: https://www.econbiz.de/10009720713
Agents participating in different kind of organizations, usually take different positions in some relational structure. The aim of this paper is to introduce a new framework taking into account both communication and hierachical features derived from this participation. In fact, this new set or...
Persistent link: https://www.econbiz.de/10010227326
In the literature, there exist several models where a cooperative TU-game is enriched with a hierarchical structure on the player set that is represented by a digraph. We consider games under precedence constraints introduced by Faigle and Kern (1992) who also introduce a generalization of the...
Persistent link: https://www.econbiz.de/10010464783
In this paper we introduce and characterize two new values for transferable utility games with graph restricted communication and a priori unions. Both values are obtained by applying the Shapley value to an associated TU-game. The graph-partition restricted TU-game is obtained by taking the...
Persistent link: https://www.econbiz.de/10013118315
The Hart-and-Mas-Colell bargaining model [Hart and Mas-Colell (2010). “Bargaining and Cooperation in Strategic Form Games.” Journal of the European Economics Association, 8, 7-33], which is based on strategic form games, is a very promising model possessing many beautiful features....
Persistent link: https://www.econbiz.de/10013066306
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 solution for TU-games assigns a set of payoff vectors to every TU-game. Some solutions that are based on distributing...
Persistent link: https://www.econbiz.de/10011350374
Agents participating in different kind of organizations, usually take different positions in some network structure. Two well-known network structures are hierarchies and communication networks. We give an overview of the most common models of communication and hierarchy restrictions in...
Persistent link: https://www.econbiz.de/10012434059
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 …
Persistent link: https://www.econbiz.de/10014075060