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The Myerson Value and Superfluous Supports in Union Stable Systems

Author

Listed:
  • E. Algaba

    (Escuela Superior de Ingenieros)

  • J. M. Bilbao

    (Escuela Superior de Ingenieros)

  • R. Brink

    (VU University and Tinbergen Institute)

  • J. J. López

    (Escuela Universitaria Politécnica)

Abstract

In this paper, the set of feasible coalitions in a cooperative game is given by a union stable system. Well-known examples of such systems are communication situations and permission structures. Two games associated with a game on a union stable system are the restricted game (on the set of players in the game) and the conference game (on the set of supports of the system). We define two types of superfluous support property through these two games and provide new characterizations for the Myerson value. Finally, we analyze inheritance of properties between the restricted game and the conference game.

Suggested Citation

  • E. Algaba & J. M. Bilbao & R. Brink & J. J. López, 2012. "The Myerson Value and Superfluous Supports in Union Stable Systems," Journal of Optimization Theory and Applications, Springer, vol. 155(2), pages 650-668, November.
  • Handle: RePEc:spr:joptap:v:155:y:2012:i:2:d:10.1007_s10957-012-0077-7
    DOI: 10.1007/s10957-012-0077-7
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    References listed on IDEAS

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    6. E. Algaba & J. M. Bilbao & P. Borm & J. J. López, 2001. "The Myerson value for union stable structures," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 54(3), pages 359-371, December.
    7. René Brink & Gerard Laan & Vitaly Pruzhansky, 2011. "Harsanyi power solutions for graph-restricted games," International Journal of Game Theory, Springer;Game Theory Society, vol. 40(1), pages 87-110, February.
    8. E. Algaba & J. M. Bilbao & P. Borm & J. J. López, 2000. "The position value for union stable systems," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 52(2), pages 221-236, November.
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    Cited by:

    1. Encarnacion Algaba & Rene van den Brink, 2021. "Networks, Communication and Hierarchy: Applications to Cooperative Games," Tinbergen Institute Discussion Papers 21-019/IV, Tinbergen Institute.
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    3. Encarnacion Algaba & Rene van den Brink, 2019. "The Shapley Value and Games with Hierarchies," Tinbergen Institute Discussion Papers 19-064/II, Tinbergen Institute.
    4. Encarnación Algaba & René Brink & Chris Dietz, 2018. "Network Structures with Hierarchy and Communication," Journal of Optimization Theory and Applications, Springer, vol. 179(1), pages 265-282, October.

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