Multi-stage sequencing situations

Multi-stage sequencing situations

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Article ID: iaor20102040
Volume: 39
Issue: 1
Start Page Number: 151
End Page Number: 162
Publication Date: Mar 2010
Journal: International Journal of Game Theory
Authors:
Abstract:

This paper introduces the idea of dynamics in cooperative games. The concrete case of multi-stage sequencing situations and the difficulties involved in defining stable cost savings allocations for the games arising from these situations is studied. The MEGS-rule is defined and proven to yield stable allocations. A characterization for the MEGS-rule is given.

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