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The river sharing problem deals with the fair distribution of welfare resulting from the optimal allocation of water among a set of riparian agents. Ambec and Sprumont [Sharing a river, J. Econ. Theor. 107, 453–462] address this problem by modeling it as a cooperative TU-game on the set of...
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The goal of this article is to generalize the position value (Meessen, 1988) in order to take into account the negotiation powers of players on the allocation of the worth. These negotiation powers are formalized via a weight scheme similar to the one defined by Haeringer (2006). We define and...
Persistent link: https://www.econbiz.de/10010662569
We study the solution concepts of partial cooperative Cournot-Nash equilibria and partial cooperative Stackelberg equilibria. The partial cooperative Cournot-Nash equilibrium is axiomatically characterized by using notions of rationality, consistency and converse consistency with regard to...
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Generalized characteristic functions extend characteristic functions of ‘classical’ TU-games by assigning a real number to every ordered coalition being a permutation of any subset of the player set. Such generalized characteristic functions can be applied when the earnings or costs of...
Persistent link: https://www.econbiz.de/10011052805
This paper contains a survey of cooperative game theory applied to a sports environment. The variety of these applications serves us as a proof of the strength of cooperative game theory introducing successful strategies in sports and explaining the behavior of different actors.
Persistent link: https://www.econbiz.de/10011011319
We reconsider the Myerson value and the position value for communication situations. In case the underlying game is a unanimity game, we show that each of these values can be computed using the inclusion--exclusion principle. Linearity of both values permits us to calculate them without needing...
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