Artikel
An axiomatic characterization of a value for games in partition function form
An extension of the Shapley value for games in partition function form is proposed in the paper. We introduce a version of the marginal contributions for environments with externalities. The dummy property related to it is defined. We adapt the system of axioms provided by Shapley (A value for n-Person games. In: Kuhn H, Tucker A (eds) Contributions to the theory of games II. Princeton University Press, Princeton, pp 307317, 1953) to characterize our value. In addition, we discuss a relationship between the a-Shapley values proposed by Fujinaka (On the marginality principle in partition function form games. Mimeo, Graduate School of Economics, Kobe University, Japan, 2004) and the values constructed through the average approach provided by Macho-Stadler et al. (J Econ Theory 135:339-356, 2007).
- Language
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Englisch
- Bibliographic citation
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Journal: SERIEs - Journal of the Spanish Economic Association ; ISSN: 1869-4195 ; Volume: 1 ; Year: 2010 ; Issue: 4 ; Pages: 475-487 ; Heidelberg: Springer
- Classification
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Wirtschaft
Cooperative Games
Externalities
- Subject
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externalities
marginal contributions
shapley value
Externer Effekt
Shapley-Wert
Kooperatives Spiel
Theorie
- Event
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Geistige Schöpfung
- (who)
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Hu, Cheng-Cheng
Yang, Yi-You
- Event
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Veröffentlichung
- (who)
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Springer
- (where)
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Heidelberg
- (when)
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2010
- DOI
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doi:10.1007/s13209-009-0004-9
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Hu, Cheng-Cheng
- Yang, Yi-You
- Springer
Time of origin
- 2010
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Optimal coalition structures for probabilistically monotone partition function games
Axiomatic characterizations of the core and the Shapley value of the broadcasting game
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Efficiency and the core in NTU games in partition function form
Axiomatic districting
Hemisphere partition function and monodromy
The stringy instanton partition function
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Value of Games in Partition Function Form
A recursive core for partition function form games
Marginality and convexity in partition function form games
Accession games: A dynamic per-member partition function approach
Optimal coalition structures for probabilistically monotone partition function games
Axiomatic characterizations of the core and the Shapley value of the broadcasting game
The Value of Information -- An Axiomatic Approach
Efficiency and the core in NTU games in partition function form
Axiomatic districting
Hemisphere partition function and monodromy