Article ID: | iaor2002893 |
Country: | Spain |
Volume: | 6 |
Issue: | 1 |
Start Page Number: | 139 |
End Page Number: | 156 |
Publication Date: | Jan 1998 |
Journal: | TOP |
Authors: | Ruiz Luis M., Valenciano Federico, Zarzuelo Jos M. |
In this paper we present some new results concerning the least square family of values for TU games. We first examine the stability of these values from a dynamic point of view and propose a reinterpretation of them from the standpoint of the propensity to disrupt approach. In the second part the family of individually rational least square (IRLS) values is introduced and an alternative kernel-like formulation of them is provided. Finally we describe a natural and simple algorithm for calculating any IRLS value of a game.