Showing 1 - 10 of 11
In this paper we provide characterizations of convex games and total clan games by using properties of their corresponding marginal games. We show that a "dualize and restrict" procedure transforms total clan games with zero worth for the clan into monotonic convex games. Furthermore, each...
Persistent link: https://www.econbiz.de/10005012066
We consider a market situation with two corners. One corner consists of a single seller with one object, and the other corner consists of potential buyers who all want the object. We suppose that the valuations of the object for the different buyers are known by all of them. Then two types of...
Persistent link: https://www.econbiz.de/10008475661
We give a non-cooperative and an axiomatic characterization of the Average Lexicographic value (AL-value) on the class of balanced games. The AL-value is a single-valued solution for balanced TU-games. It is defined as the average of lexicographic maximum of the core of the game with respect to...
Persistent link: https://www.econbiz.de/10009018947
The purpose of this paper is to review some recent applications of coalitional games in medical research, and to illustrate some related open questions. We point out the fact that many problems which are still object of debate deal with the computation, the statistical comparison and the...
Persistent link: https://www.econbiz.de/10010682647
Different axiomatizations of the Shapley value for TU games can be found in the literature. The Shapley value has been generalized in several ways to the class of games in partition function form. In this paper we discuss another generalization of the Shapley value and provide a characterization.
Persistent link: https://www.econbiz.de/10005047561
This paper applies game theory to address the problem of allocating profits among fishing nations, once the countries concerned have expressed an interest in achieving an agreement through a Regional Fishery Management Organization (RFMO). Proposing the population monotonic allocation scheme as...
Persistent link: https://www.econbiz.de/10005047581
An assignment situation can be considered as a two-sided market consisting of two disjoint sets of objects. A non-negative reward matrix describes the profit if an object of one group is assigned to an object of the other group. Assuming that each object is owned by a different agent, Shapley...
Persistent link: https://www.econbiz.de/10004964053
In many share problems there is an a priori given a natural set of possible divisions to solve the sharing problem. Cooperative games related to such share sets are introduced, which may be helpful in solving share problems. Relations between properties of share sets and properties of games are...
Persistent link: https://www.econbiz.de/10004977737
In this paper we consider a special class of n-person potential games and investigate partial cooperation between a portion of the players that sign a cooperative agreement. Existence results of partial cooperative equilibria are obtained and some possible applications are discussed,...
Persistent link: https://www.econbiz.de/10005047540
This paper introduces a new model concerning cooperative situations in which the payoffs are modeled by random variables. We analyze these situations by means of cooperative games with random payoffs. Special attention is paid to three types of convexity, namely coalitional-merge,...
Persistent link: https://www.econbiz.de/10005047564