The Shapley value of conjunctive-restricted games

Jean Derks*

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

Abstract

We consider transferable utility games, where restricted cooperation is modeled by a fixed mapping assigning to each coalition the set of players that are controlled by this coalition. We study the Shapley value on the resulting class of restricted games, and provide axiomatic frameworks characterizing this value. Studies show that several classes of so-called conjunctive restrictions lead to frameworks similar to the original introduced by Shapley in 1953. We show that conjunctivity of the restriction is not only sufficient but also necessary. (C) 2018 Published by Elsevier Inc.

Original languageEnglish
Pages (from-to)146-151
Number of pages6
JournalGames and Economic Behavior
Volume108
DOIs
Publication statusPublished - Mar 2018

Keywords

  • Transferable utility games
  • Restricted cooperation
  • Shapley value
  • Axiomatic approach
  • Conjunctive restriction
  • PERMISSION STRUCTURES
  • COOPERATIVE GAMES
  • AXIOMATIZATIONS

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