Showing 1 - 5 of 5
Persistent link: https://www.econbiz.de/10005362535
The goal of this article is to generalize the position value (Meessen, 1988) in order to take into account the negotiation powers of players on the allocation of the worth. These negotiation powers are formalized via a weight scheme similar to the one defined by Haeringer (2006). We define and...
Persistent link: https://www.econbiz.de/10010662569
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
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
We study farsighted coalitional stability in the context of TU-games. We show that every TU-game has a nonempty largest consistent set and that each TU-game has a von Neumann-Morgenstern farsighted stable set. We characterize the collection of von Neumann-Morgenstern farsighted stable sets. We...
Persistent link: https://www.econbiz.de/10005307858