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An efficient and fair solution for communication graph games
Brink, René van den; Chmelnitskaja, Anna B.; Laan, … - 2011
We introduce an efficient solution for games with communication graph structures and show that it is characterized by … efficiency, fairness and a new axiom called component balancedness. This latter axiom compares for every component in the … communication graph the total payoff to the players of this component in the game itself to the total payoff of these players when …
Persistent link: https://www.econbiz.de/10011386146
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Efficient formulas and computational efficiency for glove games
Belau-Garmann, Julia - 2013
A well known and simple game to model markets is the glove game where worth is produced by building matching pairs. For glove games, different concepts, like the Shapley value, the restricted Shapley value or the Owen value, yield different distributions of worth. Moreover, computational effort...
Persistent link: https://www.econbiz.de/10010211890
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An index of unfairness
Aguiar, Victor H.; Pongou, Roland; Serrano, Roberto; … - 2018
Aguiar et al. (2018) propose the Shapley distance as a measure of the extent to which output sharing among the stakeholders of an organization can be considered unfair. It measures the distance between an arbitrary pay profile and the Shapley pay profile under a given technology, the latter...
Persistent link: https://www.econbiz.de/10011880413
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Barter markets, indivisibilities, and Markovian core
Fujishige, Satoru; Yang, Zaifu - In: Bulletin of economic research 74 (2022) 1, pp. 39-48
Persistent link: https://www.econbiz.de/10012819267
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Tree-Type Values for Cycle-Free Directed Graph Games
Talman, Dolf; Khmelnitskaya, A. - Tilburg University, Center for Economic Research - 2010
Mathematics Subject Classification 2000: 91A12, 91A43
Persistent link: https://www.econbiz.de/10011091131
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Tree, Web and Average Web Value for Cycle-Free Directed Graph Games
Talman, Dolf; Khmelnitskaya, A. - Tilburg University, Center for Economic Research - 2011
explicit formula representation and simple recursive algorithms to calculate them. Additionally the effciency and stability of …
Persistent link: https://www.econbiz.de/10011091203
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An Efficient and Fair Solution for Communication Graph Games
van den Brink, Rene; Khmelnitskaya, Anna; van der Laan, … - 2011
We introduce an efficient solution for games with communication graph structures and show that it is characterized by … efficiency, fairness and a new axiom called component balancedness. This latter axiom compares for every component in the … communication graph the total payoff to the players of this component in the game itself to the total payoff of these players when …
Persistent link: https://www.econbiz.de/10010325828
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Linear fractional radial graph measure of efficiency of production
Wu, Lifen - In: Journal of the Operational Research Society 70 (2019) 11, pp. 2004-2018
Persistent link: https://www.econbiz.de/10012214882
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Gossip and the efficiency of interactions
Fehr, Dietmar; Sutter, Matthias - 2016
Human communication in organizations often involves a large amount of gossiping about others. Here we study in an … experiment whether gossip affects the efficiency of human interactions. We let subjects play a trust game. Third parties observe … possibility of gossip is highly efficiency-increasing compared to a situation without any gossip. In two further control …
Persistent link: https://www.econbiz.de/10011452089
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Gossip and the efficiency of interactions
Fehr, Dietmar; Sutter, Matthias - 2016
Human communication in organizations often involves a large amount of gossiping about others. Here we study in an … experiment whether gossip affects the efficiency of human interactions. We let subjects play a trust game. Third parties observe … possibility of gossip is highly efficiency-increasing compared to a situation without any gossip. In two further control …
Persistent link: https://www.econbiz.de/10011420430