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A convergent transfer scheme based on the complement-associated game

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  • Yan-An Hwang

    (National Dong Hwa University)

Abstract

An alternative definition of the associated game is constructed, we named as the complement-associated game. We adopt the complement-associated game to provide a dynamic process and prove the necessary convergence result.

Suggested Citation

  • Yan-An Hwang, 2015. "A convergent transfer scheme based on the complement-associated game," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 3(2), pages 255-263, October.
  • Handle: RePEc:spr:etbull:v:3:y:2015:i:2:d:10.1007_s40505-014-0054-4
    DOI: 10.1007/s40505-014-0054-4
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    References listed on IDEAS

    as
    1. Hamiache, Gerard, 1999. "A Value with Incomplete Communication," Games and Economic Behavior, Elsevier, vol. 26(1), pages 59-78, January.
    2. Yan-An Hwang, 2006. "Associated consistency and equal allocation of nonseparable costs," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 28(3), pages 709-719, August.
    3. Hart, Sergiu & Mas-Colell, Andreu, 1989. "Potential, Value, and Consistency," Econometrica, Econometric Society, vol. 57(3), pages 589-614, May.
    4. Roger B. Myerson, 1977. "Graphs and Cooperation in Games," Mathematics of Operations Research, INFORMS, vol. 2(3), pages 225-229, August.
    5. Yan-An Hwang & Jie-Hau Li & Yaw-Hwa Hsiao, 2005. "A dynamic approach to the Shapley value based on associated games," International Journal of Game Theory, Springer;Game Theory Society, vol. 33(4), pages 551-562, November.
    6. Gérard Hamiache, 2001. "Associated consistency and Shapley value," International Journal of Game Theory, Springer;Game Theory Society, vol. 30(2), pages 279-289.
    7. SCHMEIDLER, David, 1969. "The nucleolus of a characteristic function game," LIDAM Reprints CORE 44, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    8. Maschler, M & Owen, G, 1989. "The Consistent Shapley Value for Hyperplane Games," International Journal of Game Theory, Springer;Game Theory Society, vol. 18(4), pages 389-407.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Complement-associated game; Dynamic process;

    JEL classification:

    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games

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