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In this paper we propose a new method to associate a coalitional game with each strategic game. The method is based on the lower value of matrix games. We axiomatically characterize this new method, as well as the method that was described in von Neumann and Morgenstern (1944). As an...
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Network situations as introduced by Jackson and Wolinsky (1996) incorporate the influence of the architecture of a network rather than just the connectivity it provides and thereby provide a more flexible setting than communication situations, which consist of a game with transferable utility...
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We use the axiomatization of the position value for network situations in van den Nouweland and Slikker (2012) to define a position value for partition function form network situations by generalizing the axioms to the partition function form value function setting as studied in Navarro (2007)...
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