Showing 1 - 10 of 69
In this paper we consider cooperative graph games being TU-games in which players cooperate if they are connected in the communication graph. We focus our attention to the average tree solutions introduced by Herings, van der Laan and Talman [6] and Herings, van der Laan, Talman and Yang [7]....
Persistent link: https://www.econbiz.de/10005789608
We introduce a new allocation rule, called the sequential equal surplus division for rooted forest TU-games. We provide two axiomatic characterizations for this allocation rule. The first one uses the classical property of component efficiency plus an edge deletion property. The second...
Persistent link: https://www.econbiz.de/10011161038
We consider the problem of sharing water from a river among the group of countries located along it. The benefit of each country depends on the amount of water it consumes. An allocation of the water is efficient when it maximizes the total benefits of the countries. The problem of finding a...
Persistent link: https://www.econbiz.de/10010856006
We study the solution concepts of partial cooperative Cournot-Nash equilibria and partial cooperative Stackelberg equilibria. The partial cooperative Cournot-Nash equilibrium is axiomatically characterized by using notions of rationality, consistency and converse consistency with regard to...
Persistent link: https://www.econbiz.de/10008682968
We define a finite-horizon repeated network formation game with consent, and study the differences induced by different levels of individual rationality. We prove that perfectly rational players will remain unconnected at the equilibrium, while nonempty equilibrium networks may form when,...
Persistent link: https://www.econbiz.de/10005385381
Persistent link: https://www.econbiz.de/10005362535
We investigate assignment of heterogeneous agents in trees where the allocation rule is given by the permission value. We focus on efficient hierarchies,namely those, for which the payoff of the top agent is maximized. For additive games, such hierarchies are always cogent, namely, more...
Persistent link: https://www.econbiz.de/10011112225
We survey axiomatic results concerning the Shapley value [Shapley, 1953]. This marginalist allocation rule results from an axiomatic study of the class of coalitional games. Several authors have enriched Shapley?s axiomatic study and have provided new characterizations of this allocation rule....
Persistent link: https://www.econbiz.de/10011187140
In this article, we generalize the position value, defined by Meessen (1988) for the class of deterministic communication situations, to the class of generalized probabilistic com- munication situations (G ́ Gomez et al. (2008)). We provide two characterizations of this new allocation rule....
Persistent link: https://www.econbiz.de/10011026229
We provide a generalization of the position value (Meessen 1988) that allows players to benefit from transfers of worth by investing in their communication links. The player who invests the most in a communication link obtains a compensation from the second one. We characterize this new...
Persistent link: https://www.econbiz.de/10008494150