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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
We suggest a new one-parameter family of solidarity values for TU-games. The members of this class are distinguished by the type of player whose removal from a game does not affect the remaining players’ payoffs. While the Shapley value and the equal division value are the boundary members of...
Persistent link: https://www.econbiz.de/10010753488