The consistency and potential for values of games with coalition structure
AbstractIn the present paper we discuss the notion of values for games with coalition structure, applying the approach suggested by Hart and Mas-Colell (1985) concerning the consistency property and the potential function. An axiomatic formulation of the values by this approach leads to two known values for coalition structure, namely, Aumann and Dreze's (1974) generalization of the Shapley value and Owen's (1977) value for games with coalition structure.
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Bibliographic InfoArticle provided by Elsevier in its journal Games and Economic Behavior.
Volume (Year): 4 (1992)
Issue (Month): 1 (January)
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Web page: http://www.elsevier.com/locate/inca/622836
Other versions of this item:
- Eyal Winter, 1989. "The Consistency and Potential for Values of Games with Coalition Structure," Discussion Paper Serie A 242, University of Bonn, Germany.
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