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Weighted values of non-atomic games were introduced by Hart and Monderer. These values have been studied by using three approaches: the potential, the asymptotic and the random order approach. In this study we analyze the axiomatic approach for one class of weight functions: the set of players...
Persistent link: https://www.econbiz.de/10010759381
This paper introduces a new class of cooperative games called externality games. In these games each player contributes with their specific endowment and also with their presence to the total worth of the coalition she belongs to. We prove that for these games there exists a unique efficient,...
Persistent link: https://www.econbiz.de/10010759423