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
Englisch

Bibliographic citation
Series: Tinbergen Institute Discussion Paper ; No. 11-182/1

Classification
Wirtschaft
Cooperative Games
Subject
Cooperative TU-game
Union stable system
Harsanyi dividend
Power measure
Harsanyi power solution
Myerson value
Position value

Event
Geistige Schöpfung
(who)
Algaba, Encarnacion
Bilbao, Jesus Mario
van den Brink, Rene
Event
Veröffentlichung
(who)
Tinbergen Institute
(where)
Amsterdam and Rotterdam
(when)
2011

Handle
Last update
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

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