Tree-connected peer group situations and peer group games

Tree-connected peer group situations and peer group games

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Article ID: iaor20031144
Country: Germany
Volume: 55
Issue: 1
Start Page Number: 93
End Page Number: 106
Publication Date: Jan 2002
Journal: Mathematical Methods of Operations Research (Heidelberg)
Authors: , ,
Abstract:

A class of cooperative games arising from economic and operations research situations in which agents with potential individual possibilities are connected via a hierarchy within an organization is introduced. It is shown that the games in this class form a cone which lies in the intersection of convex games and monotonic veto-rich games with the leader of the organization as veto-player. Different economic situations like auctions, communication situations, sequencing situations and flow situations are related to peer group games. For peer group games classical solution concepts have nice computational properties.

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