Showing 1 - 10 of 10
Horizontal collaboration among shippers is gaining traction as a way to increase logistic efficiency. The total distribution cost of a logistic coalition is generally between 9% and 30% lower than the sum of costs of each partner distributing separately. However, the coalition gain is highly...
Persistent link: https://www.econbiz.de/10011097830
We introduce a new family of coalitional values designed to take into account players’ attitudes with regard to cooperation. This new family of values applies to cooperative games with a coalition structure by combining the Shapley value and the multinomial probabilistic values, thus...
Persistent link: https://www.econbiz.de/10011264296
In this paper, we use a biform-game approach for analyzing the impact of surplus division in supply chains on investment incentives. In the first stage of the game, firms decide non-cooperatively on investments. In the second stage, the surplus is shared according to the Shapley value. We find...
Persistent link: https://www.econbiz.de/10011052545
Interior operator games were introduced by Bilbao et al. (2005) as additive games restricted by antimatroids. In that paper several interesting cooperative games were shown as examples of interior operator games. The antimatroid is a known combinatorial structure which represents, in the game...
Persistent link: https://www.econbiz.de/10011052641
In a standard TU-game it is assumed that every subset of the player set N can form a coalition and earn its worth. One of the first models where restrictions in cooperation are considered is the one of games with coalition structure of Aumann and Drèze (1974). They assumed that the player set...
Persistent link: https://www.econbiz.de/10011052647
This study provides a unified axiomatic characterization method of one-point solutions for cooperative games with transferable utilities. Any one-point solution that satisfies efficiency, the balanced cycle contributions property (BCC), and the axioms related to invariance under a player...
Persistent link: https://www.econbiz.de/10010577603
This paper contributes to consistency for the additive efficient normalization of semivalues. Motivated from the additive efficient normalization of a semivalue being a B-revision of the Shapley value, we introduce the B-reduced game which is an extension of Sobolev’s reduced game. Then the...
Persistent link: https://www.econbiz.de/10010588349
In this paper we consider the minimum cost spanning tree model. We assume that a central planner aims at implementing a minimum cost spanning tree not knowing the true link costs. The central planner sets up a game where agents announce link costs, a tree is chosen and costs are allocated...
Persistent link: https://www.econbiz.de/10010597592
The coalition formation problem in an economy with externalities can be adequately modeled by using games in partition function form (PFF games), proposed by Thrall and Lucas. If we suppose that forming the grand coalition generates the largest total surplus, a central question is how to...
Persistent link: https://www.econbiz.de/10010597621
This paper introduces a new class of games, highway games, which arise from situations where there is a common resource that agents will jointly use. That resource is an ordered set of several indivisible sections, where each section has an associated fixed cost and each agent requires some...
Persistent link: https://www.econbiz.de/10010662516