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We use the Shapley value and the nucleolus to analyze the impact of three controversial pipeline projects on the power … nucleolus in contrast, none of the pipelines has any strategic relevance at all, which appears to be at odds with the empirical …
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Game Theory describes human interaction involving conflict, cooperation and competition, the term Interpersonal Decision Theory is synonymous. The term reflects the fact that most essential features of this field are manifested in parlor games. This topic-level treatment covers large parts of...
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theoretical knowledge we present and compare seven properties of fair profit sharing. Findings: We show that the nucleolus is a …
Persistent link: https://www.econbiz.de/10011939396
with indicators like the core, the Shapley value and the nucleolus. The core measures the extent of the synergy, the … Shapley value indicates an actor's strength to lead to and create synergy and the nucleolus determines an actor's strength to …
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solution concepts (such as the nucleolus) violate this property are scarce and have no economic interpretation. We provide an …
Persistent link: https://www.econbiz.de/10004976645
Horizontal collaboration among shippers is gaining traction as a way to increase logistic efficiency. The total distribution cost of a logistic coalition is generally between 9% and 30% lower than the sum of costs of each partner distributing separately. However, the coalition gain is highly...
Persistent link: https://www.econbiz.de/10011097830
alternative characterization of the nucleolus of cooperative games, which offers an alternative to Kohlberg (1971). In our …-empty core: the Direct Price solution is both a core element and a marginal vector. It is seen that the nucleolus of an MCP …-game can be derived in polynomial time from the Direct Price solution, using a socalled nucleolus determinant. To show this …
Persistent link: https://www.econbiz.de/10011091777