One-point solutions obtained from best approximation problems for cooperative games

Tetsuzo Tanino

Kybernetika (2013)

  • Volume: 49, Issue: 3, page 395-403
  • ISSN: 0023-5954

Abstract

top
In this paper we focus on one-point (point-valued) solutions for transferable utility games (TU-games). Since each allocated profit vector is identified with an additive game, a solution can be regarded as a mapping which associates an additive game with each TU-game. Recently Kultti and Salonen proposed a minimum norm problem to find the best approximation in the set of efficient additive games for a given TU-game. They proved some interesting properties of the obtained solution. However, they did not show how to choose the inner product defining the norm to obtain a special class of solutions such as the Shapley value and more general random order values. In this paper, noting that there is a one-to-one correspondence between a game and a Harsanyi dividend vector, we propose a minimum norm problem in the dividend space, not in the game space. Since the dividends for any set with more than one elements are all zero for an additive game, our approach enables us to deal with simpler problems. We will make clear how to choose an inner product, i. e., a positive definite symmetric matrix, to obtain a Harsanyi payoff vector, a random order value and the Shapley value.

How to cite

top

Tanino, Tetsuzo. "One-point solutions obtained from best approximation problems for cooperative games." Kybernetika 49.3 (2013): 395-403. <http://eudml.org/doc/260571>.

@article{Tanino2013,
abstract = {In this paper we focus on one-point (point-valued) solutions for transferable utility games (TU-games). Since each allocated profit vector is identified with an additive game, a solution can be regarded as a mapping which associates an additive game with each TU-game. Recently Kultti and Salonen proposed a minimum norm problem to find the best approximation in the set of efficient additive games for a given TU-game. They proved some interesting properties of the obtained solution. However, they did not show how to choose the inner product defining the norm to obtain a special class of solutions such as the Shapley value and more general random order values. In this paper, noting that there is a one-to-one correspondence between a game and a Harsanyi dividend vector, we propose a minimum norm problem in the dividend space, not in the game space. Since the dividends for any set with more than one elements are all zero for an additive game, our approach enables us to deal with simpler problems. We will make clear how to choose an inner product, i. e., a positive definite symmetric matrix, to obtain a Harsanyi payoff vector, a random order value and the Shapley value.},
author = {Tanino, Tetsuzo},
journal = {Kybernetika},
keywords = {cooperative games; one-point solutions; additive games; Harsanyi dividends; cooperative games; one-point solutions; additive games; Harsanyi dividends},
language = {eng},
number = {3},
pages = {395-403},
publisher = {Institute of Information Theory and Automation AS CR},
title = {One-point solutions obtained from best approximation problems for cooperative games},
url = {http://eudml.org/doc/260571},
volume = {49},
year = {2013},
}

TY - JOUR
AU - Tanino, Tetsuzo
TI - One-point solutions obtained from best approximation problems for cooperative games
JO - Kybernetika
PY - 2013
PB - Institute of Information Theory and Automation AS CR
VL - 49
IS - 3
SP - 395
EP - 403
AB - In this paper we focus on one-point (point-valued) solutions for transferable utility games (TU-games). Since each allocated profit vector is identified with an additive game, a solution can be regarded as a mapping which associates an additive game with each TU-game. Recently Kultti and Salonen proposed a minimum norm problem to find the best approximation in the set of efficient additive games for a given TU-game. They proved some interesting properties of the obtained solution. However, they did not show how to choose the inner product defining the norm to obtain a special class of solutions such as the Shapley value and more general random order values. In this paper, noting that there is a one-to-one correspondence between a game and a Harsanyi dividend vector, we propose a minimum norm problem in the dividend space, not in the game space. Since the dividends for any set with more than one elements are all zero for an additive game, our approach enables us to deal with simpler problems. We will make clear how to choose an inner product, i. e., a positive definite symmetric matrix, to obtain a Harsanyi payoff vector, a random order value and the Shapley value.
LA - eng
KW - cooperative games; one-point solutions; additive games; Harsanyi dividends; cooperative games; one-point solutions; additive games; Harsanyi dividends
UR - http://eudml.org/doc/260571
ER -

References

top
  1. Charnes, A., Rousseau, J., Seiford, L., 10.1007/BF01763119, Internat. J. Game Theory 7 (1978), 37-50. MR0484464DOI10.1007/BF01763119
  2. Derks, J., Laan, G. van der, Vasil'ev, V., 10.1007/s00186-006-0063-7, Math. Methods Oper. Res. 64 (2006), 155-163. MR2264778DOI10.1007/s00186-006-0063-7
  3. Grabisch, M., 10.1016/S0165-0114(97)00168-1, Fuzzy Sets and Systems 92 (1997), 167-189. MR1486417DOI10.1016/S0165-0114(97)00168-1
  4. Harsanyi, J. C., 10.2307/2525487, Internat. Econom. Rev. 4 (1963), 194-220. Zbl0118.15103DOI10.2307/2525487
  5. Kultti, K., Salonen, H., 10.1007/s00182-007-0070-9, Internat. J. Game Theory 35 (2007), 591-602. Zbl1131.91008MR2304556DOI10.1007/s00182-007-0070-9
  6. Monderer, D., Samet, D., Variations on the Shapley value., In: Handbook of Game Theory with Economic Applications, Vol. 3 (R. Aumann and S. Hart, eds.), Elsevier Science Publishers, Amsterdam 2002, pp. 2055-2076. 
  7. Ruiz, L. M., Valenciano, F., Zarzuelo, F. M., 10.1006/game.1997.0622, Games and Econom. Behavior 24 (1998), 109-130. Zbl0910.90276MR1631182DOI10.1006/game.1997.0622
  8. Ruiz, L. M., Valenciano, F., Zarzuelo, F. M., 10.1007/BF02564802, TOP 6 (1998), 139-158. Zbl0907.90285MR1643704DOI10.1007/BF02564802

NotesEmbed ?

top

You must be logged in to post comments.

To embed these notes on your page include the following JavaScript code on your page where you want the notes to appear.

Only the controls for the widget will be shown in your chosen language. Notes will be shown in their authored language.

Tells the widget how many notes to show per page. You can cycle through additional notes using the next and previous controls.

    
                

Note: Best practice suggests putting the JavaScript code just before the closing </body> tag.