Displaying similar documents to “New axiomatizations of values of TU-games using reduction properties”

An axiomatization of the aspiration core

Hans Keiding (2006)

Banach Center Publications

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The aspiration core of a TU game was introduced by Bennett [1] as a payoff vector which is undominated and achievable in the sense that each player belongs to a coalition which can obtain the specified payoff for its members, and which minimizes the distance to the set of aggregate feasible payoffs among all such payoff vectors. In the paper a set of axioms is proposed which characterize the aspiration core, which may be considered as an extension of the core to a much larger set of...

On convex combinations of two values

Andrzej Nowak, Tadeusz Radzik (1996)

Applicationes Mathematicae

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We study values for cooperative TU-games which are convex combinations of the Shapley value and the solidarity value, introduced in our recent paper [1]. First, we axiomatize the convex combination of the two values in the case when the coefficients are given exogenously. Next, we give an axiomatic description of the whole family of such values.

A value based on marginal contributions for multi–alternative games with restricted coalitions

Satoshi Masuya, Masahiro Inuiguchi (2010)

Kybernetika

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This paper deals with cooperative games with n players and r alternatives which are called multi-alternative games. In the conventional multi-alternative games initiated by Bolger, each player can choose any alternative with equal possibilities. In actual social life, there exist situations in which players have some restrictions on their choice of alternatives. Considering such situations, we study restricted multi-alternative games. A value for a given game is proposed.

Axiomatization of values of cooperative games using a fairness property

Andrzej Młodak (2005)

Applicationes Mathematicae

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We propose new systems of axioms which characterize four types of values of cooperative games: the Banzhaf value, the Deegan-Packel value, the least square prenucleolus and the least square nucleolus. The common element used in these axiomatizations is a fairness property. It requires that if to a cooperative game we add another game in which two given players are symmetric, then their payoffs change by the same amount. In our analysis we will use an idea applied by R. van den Brink...

Analysis and improvement attempt of prof. Alan Fowler's negotiation game

Jakub Jan Golik (2018)

Annales Universitatis Paedagogicae Cracoviensis | Studia ad Didacticam Mathematicae Pertinentia

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The main goal of the following article is to design an improved version of the negotiation game created by prof. Alan Fowler (Fowler, 1997). I have tried to achieve this by constructing four separate versions of the game which represent different approaches while preserving rules, chosen basic technical assumptions and the simplicity of the base game. Each version of the game is supposed to i.a. make it less obvious, create new negotiation possibilities (including potential cooperation),...

Some values for constant-sum and bilateral cooperative games

Andrzej Młodak (2007)

Applicationes Mathematicae

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We prove new axiomatizations of the Shapley value and the Banzhaf value, defined on the class of nonnegative constant-sum games with nonzero worth of the grand coalition as well as on nonnegative bilateral games with nonzero worth of the grand coalition. A characteristic feature of the latter class of cooperative games is that for such a game any coalition and its complement in the set of all players have the same worth. The axiomatizations are then generalized to the entire class of...