Values on regular games under Kirchhoff's laws
Abstract
The Shapley value is a central notion defining a rational way to share the total worth of a cooperative game among players. We address a general framework leading to applications to games with communication graphs, where the feasible coalitions form a poset whose all maximal chains have the same length. Considering a new way to define the symmetry among players, we propose an axiomatization of the Shapley value of these games. Borrowing ideas from electric networks theory, we show that our symmetry axiom and the efficiency axiom correspond to the two Kirchhoff's laws in the circuit associated to the Hasse diagram of feasible coalitions.Download Info
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Bibliographic Info
Article provided by Elsevier in its journal Mathematical Social Sciences.
Volume (Year): 58 (2009)
Issue (Month): 3 (November)
Pages: 322-340
Contact details of provider:
Web page: http://www.elsevier.com/locate/inca/505565
Related research
Keywords: Regular set system Communication situation Regular game Shapley value Kirchhoff's laws;Other versions of this item:
- Fabien Lange & Michel Grabisch, 2006. "Values on regular games under Kirchhoff’s laws," Working Paper Series 0807, Óbuda University, Keleti Faculty of Economics, revised Nov 2008.
- Fabien Lange & Michel Grabisch, 2006. "Values on regular games under Kirchhoff's laws," Cahiers de la Maison des Sciences Economiques b06087, Université Panthéon-Sorbonne (Paris 1).
- Fabien Lange & Michel Grabisch, 2006. "Values on regular games under Kirchhoff's laws," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00130449, HAL.
- Fabien Lange & Michel Grabisch, 2009. "Values on regular games under Kirchhoff's laws," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00496553, HAL.
- C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
References
References listed on IDEASPlease report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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- Hwang, Yan-An & Liao, Yu-Hsien, 2008. "Potential approach and characterizations of a Shapley value in multi-choice games," Mathematical Social Sciences, Elsevier, vol. 56(3), pages 321-335, November.
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- Michel Grabisch & Fabien Lange, 2007. "Games on lattices, multichoice games and the Shapley value: a new approach," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00178916, HAL.
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Baron, Richard & Béal, Sylvain & Remila, Eric & Solal, Philippe, 2008. "Average tree solutions for graph games," MPRA Paper 10189, University Library of Munich, Germany.
- Richard Baron & Sylvain Béal & Eric Rémila & Philippe Solal, 2011.
"Average tree solutions and the distribution of Harsanyi dividends,"
International Journal of Game Theory,
Springer, vol. 40(2), pages 331-349, May.
- Béal, Sylvain & Rémila, Eric & Solal, Philippe, 2009. "Average tree solutions and the distribution of Harsanyi dividends," MPRA Paper 17909, University Library of Munich, Germany.
- Michel Grabisch, 2011.
"Ensuring the boundedness of the core of games with restricted cooperation,"
Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers)
hal-00650964, HAL.
- Michel Grabisch, 2010. "Ensuring the boundedness of the core of games with restricted cooperation," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00544134, HAL.
- Michel Grabisch, 2010. "Ensuring the boundedness of the core of games with restricted cooperation," Documents de travail du Centre d'Economie de la Sorbonne 10093, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
- Aoi Honda & Michel Grabisch, 2008.
"An axiomatization of entropy of capacities on set systems,"
Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers)
hal-00281598, HAL.
- Honda, Aoi & Grabisch, Michel, 2008. "An axiomatization of entropy of capacities on set systems," European Journal of Operational Research, Elsevier, vol. 190(2), pages 526-538, October.
- Selcuk, O. & Talman, A.J.J., 2013. "Games With General Coalitional Structure," Discussion Paper 2013-002, Tilburg University, Center for Economic Research.
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