Coalition values and generalized characteristic functions

Coalition values and generalized characteristic functions

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Article ID: iaor20002297
Country: Germany
Volume: 49
Issue: 3
Start Page Number: 413
End Page Number: 433
Publication Date: Jan 1999
Journal: Mathematical Methods of Operations Research (Heidelberg)
Authors: ,
Abstract:

We study coalitional values for games in generalized characteristic function form. There are two extensions of the Shapley value in this context, one introduced by Nowak and Radzik and the other introduced by us. We generalize both values to games with a priori unions in the same way that Owen did for the Shapley value, and we obtain an axiomatic characterization for both of them. Moreover we analyze the differences between them and study the consistency, the balanced contributions, and the potential.

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