The multichoice consistent value in non-transferable utility (NTU) games

The multichoice consistent value in non-transferable utility (NTU) games

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Article ID: iaor20013499
Country: Germany
Volume: 29
Issue: 2
Start Page Number: 177
End Page Number: 188
Publication Date: Jan 2000
Journal: International Journal of Game Theory
Authors: , ,
Abstract:

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 games and of the multichoice value for multichoice TU games. Moreover, we show that this value coincides with the consistent NTU value of a replicated NTU game and we provide a probabilistic interpretation.

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