Showing 1 - 10 of 52
We study the consequences of a solidarity property that specifies how a value for cooperative games should respond if some player forfeits his productivity, i.e., becomes a null player. Nullified solidarity states that in this case either all players weakly gain together or all players weakly...
Persistent link: https://www.econbiz.de/10011116202
If a player is removed from a game, what keeps the payoff of the remaining players unchanged? Is it the removal of a special player or its presence among the remaining players? This article answers this question in a complement study to Kamijo and Kongo (2012). We introduce axioms of invariance...
Persistent link: https://www.econbiz.de/10011191144
This article shows that, for any transferable utility game in coalitional form with a nonempty coalition structure core, the number of steps required to switch from a payoff configuration out of the coalition structure core to a payoff configuration in the coalition structure core is less than...
Persistent link: https://www.econbiz.de/10010847829
Persistent link: https://www.econbiz.de/10010993401
We show that the core of any n-player TU-game with a non-empty core can be accessed with at most n−1 blocks. It turns out that this bound is optimal in the sense there are TU-games for which the number of blocks required to access the core is exactly n−1.
Persistent link: https://www.econbiz.de/10011049836
We study the set of allocation rules generated by component efficiency and weighted component fairness, a generalization of component fairness introduced by Herings et al. (2008). Firstly, if the underlying TU-game is superadditive, this set coincides with the core of a graph-restricted game...
Persistent link: https://www.econbiz.de/10011065197
This article shows that, for any transferable utility game in coalitional form with a nonempty coalition structure core, the number of steps required to switch from a payoff configuration out of the coalition structure core to a payoff configuration in the coalition structure core is less than...
Persistent link: https://www.econbiz.de/10010999836
We replace the axiom of fairness used in the characterization of the Myerson value (Myerson, 1977) by fairness for neighbors in order to characterize the component-wise egalitarian solution. When a link is broken, fairness states that the two players incident to the link should be affected...
Persistent link: https://www.econbiz.de/10010580515
In this paper, we study cooperative games with limited cooperation possibilities, represented by a tree on the set of agents. Agents in the game can cooperate if they are connected in the tree. We introduce natural extensions of the average (rooted)-tree solution (see [Herings, P., van der Laan,...
Persistent link: https://www.econbiz.de/10008483224
Persistent link: https://www.econbiz.de/10009149574