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Characterizations of the Random Order Values by Harsanyi Payoff Vectors

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  • Jean Derks
  • Gerard Laan
  • Valery Vasil’ev

Abstract

A Harsanyi payoff vector (see Vasil’ev in Optimizacija Vyp 21:30–35, 1978) of a cooperative game with transferable utilities is obtained by some distribution of the Harsanyi dividends of all coalitions among its members. Examples of Harsanyi payoff vectors are the marginal contribution vectors. The random order values (see Weber in The Shapley value, essays in honor of L.S. Shapley, Cambridge University Press, Cambridge, 1988) being the convex combinations of the marginal contribution vectors, are therefore elements of the Harsanyi set, which refers to the set of all Harsanyi payoff vectors. The aim of this paper is to provide two characterizations of the set of all sharing systems of the dividends whose associated Harsanyi payoff vectors are random order values. The first characterization yields the extreme points of this set of sharing systems and is based on a combinatorial result recently published (Vasil’ev in Discretnyi Analiz i Issledovaniye Operatsyi 10:17–55, 2003) the second characterization says that a Harsanyi payoff vector is a random order value iff the sharing system is strong monotonic. Copyright Springer-Verlag 2006

Suggested Citation

  • Jean Derks & Gerard Laan & Valery Vasil’ev, 2006. "Characterizations of the Random Order Values by Harsanyi Payoff Vectors," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 64(1), pages 155-163, August.
    • Handle: RePEc:spr:mathme:v:64:y:2006:i:1:p:155-163
    DOI: 10.1007/s00186-006-0063-7
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    References listed on IDEAS

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    1. Derks, Jean, 2005. "A new proof for Weber's characterization of the random order values," Mathematical Social Sciences, Elsevier, vol. 49(3), pages 327-334, May.
    2. Jean Derks & Hans Haller & Hans Peters, 2000. "The selectope for cooperative games," International Journal of Game Theory, Springer;Game Theory Society, vol. 29(1), pages 23-38.
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    Cited by:

    1. Demuynck, Thomas & Rock, Bram De & Ginsburgh, Victor, 2016. "The transfer paradox in welfare space," Journal of Mathematical Economics, Elsevier, vol. 62(C), pages 1-4.
    2. Bilbao, J.M. & Jiménez, N. & López, J.J., 2010. "The selectope for bicooperative games," European Journal of Operational Research, Elsevier, vol. 204(3), pages 522-532, August.
    3. Jean Derks & Gerard Laan & Valery Vasil’ev, 2010. "On the Harsanyi payoff vectors and Harsanyi imputations," Theory and Decision, Springer, vol. 68(3), pages 301-310, March.
    4. David Lowing & Makoto Yokoo, 2023. "Sharing values for multi-choice games: an axiomatic approach," Working Papers hal-04018735, HAL.
    5. Pierre Dehez, 2017. "On Harsanyi Dividends and Asymmetric Values," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 19(03), pages 1-36, September.
    6. René Brink & Gerard Laan & Valeri Vasil’ev, 2007. "Component efficient solutions in line-graph games with applications," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 33(2), pages 349-364, November.
    7. Manfred Besner, 2020. "Parallel axiomatizations of weighted and multiweighted Shapley values, random order values, and the Harsanyi set," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 55(1), pages 193-212, June.
    8. Zhengxing Zou & Qiang Zhang, 2018. "Harsanyi power solution for games with restricted cooperation," Journal of Combinatorial Optimization, Springer, vol. 35(1), pages 26-47, January.
    9. René van den Brink & Gerard van der Laan & Valeri Vasil'ev, 0000. "The Restricted Core for Totally Positive Games with Ordered Players," Tinbergen Institute Discussion Papers 09-038/1, Tinbergen Institute.
    10. Karl Ortmann, 2013. "A cooperative value in a multiplicative model," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 21(3), pages 561-583, September.

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    More about this item

    Keywords

    TU-games; Harsanyi set; Weber set; Selectope; Monotonic sharing systems; C71;
    All these keywords.

    JEL classification:

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

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