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In view of the nature of pursuing profit, a selfish coefficient function is employed to describe the degrees of selfishness of players in different coalitions, which is the desired rate of return to the worth of coalitions. This function brings in the concept of individual expected reward to...
Persistent link: https://www.econbiz.de/10011794249
A new model of TU game is introduced and studied. Here apart from the characteristic function, two additional functions are used: relations between the players and the probability of coalition formation. We suggest and study the sufficient properties of the probability function to transform it...
Persistent link: https://www.econbiz.de/10014102140
A situation in which a finite set of players can obtain certain payoffs by cooperation can be described by a cooperative game with transferable utility, or simply a TU-game. A solution for TU-games assigns a set of payoff distributions (possibly empty or consisting of a unique element) to every...
Persistent link: https://www.econbiz.de/10011338005
Players that participate in a cooperative game with transferable utilities are assumed to be part of a permission structure being a hierarchical organization in which there are players that need permission from other players before they can cooperate. Thus a permission structure limits the...
Persistent link: https://www.econbiz.de/10014060800
In this paper we consider a proper Shapley value (the V L value) for cooperative network games. This value turns out to have a nice interpretation. We compute the V L value for various kinds of networks and relate this value to optimal strategies in an associated matrix game
Persistent link: https://www.econbiz.de/10014064942
Shapley (1955) introduced the model of an abstract market game as a generalization of the assignment game model, among several other models. He conjectured that abstract market games possess non-empty cores. We analyze properties of abstract market games and provide a proof of this conjecture...
Persistent link: https://www.econbiz.de/10012933880
theory and analyze the Shapley value to resolve such liability problems. We establish three main monotonicity properties of …
Persistent link: https://www.econbiz.de/10012210861
In this paper we introduces a new coalitional game with transferable utility — called two-sided platform game. The participation of platform user on one side benefits the other side, and the platform can be established if and only if there is more than one entrepreneur. Well-known point...
Persistent link: https://www.econbiz.de/10013296827
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