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Procedural and optimization implementation of the weighted ENSC value

Author

Listed:
  • Dongshuang Hou

    (Northwestern Polytechnical University)

  • Aymeric Lardon

    (Université Côte d’Azur, CNRS, GREDEG)

  • Panfei Sun

    (Northwestern Polytechnical University)

  • Hao Sun

    (Northwestern Polytechnical University)

Abstract

The main purpose of this article is to introduce the weighted ENSC value for cooperative transferable utility games which takes into account players’ selfishness about the payoff allocations. Similar to Shapley’s idea of a one-by-one formation of the grand coalition [Shapley (1953)], we first provide a procedural implementation of the weighted ENSC value depending on players’ selfishness as well as their marginal contributions to the grand coalition. Second, in the spirit of the nucleolus [Schmeidler (1969)], we prove that the weighted ENSC value is obtained by lexicographically minimizing a complaint vector associated with a new complaint criterion relying on players’ selfishness.

Suggested Citation

  • Dongshuang Hou & Aymeric Lardon & Panfei Sun & Hao Sun, 2019. "Procedural and optimization implementation of the weighted ENSC value," Theory and Decision, Springer, vol. 87(2), pages 171-182, September.
  • Handle: RePEc:kap:theord:v:87:y:2019:i:2:d:10.1007_s11238-019-09697-5
    DOI: 10.1007/s11238-019-09697-5
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    Cited by:

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    2. Zhengxing Zou & Rene van den Brink, 2020. "Sharing the Surplus and Proportional Values," Tinbergen Institute Discussion Papers 20-014/II, Tinbergen Institute.
    3. Zheng, Xiao-Xue & Li, Deng-Feng & Liu, Zhi & Jia, Fu & Lev, Benjamin, 2021. "Willingness-to-cede behaviour in sustainable supply chain coordination," International Journal of Production Economics, Elsevier, vol. 240(C).
    4. Zhengxing Zou & René Brink & Yukihiko Funaki, 2022. "Sharing the surplus and proportional values," Theory and Decision, Springer, vol. 93(1), pages 185-217, July.
    5. Dongshuang Hou & Qianqian Kong & Xia Zhang & Hao Sun, 2021. "Adjacent Downstream Compensation Method of Sharing Polluted Rivers," Group Decision and Negotiation, Springer, vol. 30(1), pages 251-265, February.

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