Core concepts for share vectors
A value mapping for cooperative games with transferable utilities is a mapping that assigns to every game a set of vectors each representing a distribution of the payoffs. A value mapping is efficient if to every game it assigns a set of vectors which components all sum up to the worth that can be obtained by all players cooperating together.<p> An approach to efficiently allocate the worth of the `grand coalition' is using share mappings which assign to every game a set of share vectors being vectors which components sum up to one. Every component of a share vector is the corresponding players' share in the total payoff that is to be distributed among the players. In this paper we discuss a class of share mappings containing the (Shapley) share-core, the Banzhaf share-core and the Large Banzhaf share-core, and provide characterizations of this class of share mappings. <!--ID=""Corresponding author: René van den Brink This author is financially supported by the Netherlands Organization for Scientific Research (NWO), ESR-grant 510-01-0504.-->
Year of publication: |
2001-10-08
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Authors: | Laan, Gerard van der ; Brink, René van den |
Published in: |
Social Choice and Welfare. - Springer. - Vol. 18.2001, 4, p. 759-784
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Publisher: |
Springer |
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