Arbeitspapier
Harsanyi Power Solutions for Games on Union Stable Systems
This paper analyzes Harsanyi power solutions for cooperative games in which partial cooperation is based on union stable systems. These structures contain as particular cases the widely studied communication graph games and permission structures, among others. In this context, we provide axiomatic characterizations of the Harsanyi power solutions which distribute the Harsanyi dividends proportional to weights determined by a power measure for union stable systems. Moreover, the well-known Myerson value is exactly the Harsanyi power solution for the equal power measure, and on a special subclass of union stable systems the position value coincides with the Harsanyi power solution obtained for the influence power measure.
- Language
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Englisch
- Bibliographic citation
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Series: Tinbergen Institute Discussion Paper ; No. 11-182/1
- Classification
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Wirtschaft
Cooperative Games
- Subject
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Cooperative TU-game
Union stable system
Harsanyi dividend
Power measure
Harsanyi power solution
Myerson value
Position value
- Event
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Geistige Schöpfung
- (who)
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Algaba, Encarnacion
Bilbao, Jesus Mario
van den Brink, Rene
- Event
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Veröffentlichung
- (who)
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Tinbergen Institute
- (where)
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Amsterdam and Rotterdam
- (when)
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2011
- Handle
- Last update
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10.03.2025, 11:45 AM CET
Data provider
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Object type
- Arbeitspapier
Associated
- Algaba, Encarnacion
- Bilbao, Jesus Mario
- van den Brink, Rene
- Tinbergen Institute
Time of origin
- 2011