On the properties of solutions for non-transferable utility communication situations

On the properties of solutions for non-transferable utility communication situations

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Article ID: iaor20051017
Country: Germany
Volume: 58
Issue: 3
Start Page Number: 417
End Page Number: 439
Publication Date: Jan 2003
Journal: Mathematical Methods of Operations Research (Heidelberg)
Authors: ,
Abstract:

We consider the model of cooperative games in which the agents can restrict the communication, because agents are sometimes divided into subgroups in a natural way, for example by their political affinities or by the companies that employ them. More particularly we focus on cooperative games with non-transferable utility, where the communication restrictions are represented by a graph defined on the set of agents. For this class of games we consider two solutions that are modifications of the Shapley value. We axiomatically characterize these two solutions and study their relation to the strong core.

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