IDEAS home Printed from https://ideas.repec.org/a/spr/mathme/v83y2016i2d10.1007_s00186-015-0525-x.html
   My bibliography  Save this article

Modeling values for TU-games using generalized versions of consistency, standardness and the null player property

Author

Listed:
  • Tadeusz Radzik

    (Wrocław University of Technology)

  • Theo Driessen

    (University of Twente)

Abstract

In the paper we discuss three general properties of values of TU-games: $$\uplambda $$ λ -standardness, general probabilistic consistency and some modifications of the null player property. Necessary and sufficient conditions for different families of efficient, linear and symmetric values are given in terms of these properties. It is shown that the results obtained can be used to get new axiomatizations of several classical values of TU-games.

Suggested Citation

  • Tadeusz Radzik & Theo Driessen, 2016. "Modeling values for TU-games using generalized versions of consistency, standardness and the null player property," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 83(2), pages 179-205, April.
    • Handle: RePEc:spr:mathme:v:83:y:2016:i:2:d:10.1007_s00186-015-0525-x
    DOI: 10.1007/s00186-015-0525-x
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s00186-015-0525-x
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s00186-015-0525-x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Emilio Calvo, 2008. "Random marginal and random removal values," International Journal of Game Theory, Springer;Game Theory Society, vol. 37(4), pages 533-563, December.
    2. van den Brink, Rene, 2007. "Null or nullifying players: The difference between the Shapley value and equal division solutions," Journal of Economic Theory, Elsevier, vol. 136(1), pages 767-775, September.
    3. Casajus, André & Huettner, Frank, 2013. "Null players, solidarity, and the egalitarian Shapley values," Journal of Mathematical Economics, Elsevier, vol. 49(1), pages 58-61.
    4. Hart, Sergiu & Mas-Colell, Andreu, 1996. "Bargaining and Value," Econometrica, Econometric Society, vol. 64(2), pages 357-380, March.
    5. René Brink & Yukihiko Funaki & Yuan Ju, 2013. "Reconciling marginalism with egalitarianism: consistency, monotonicity, and implementation of egalitarian Shapley values," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 40(3), pages 693-714, March.
    6. Marcin Malawski, 2013. "“Procedural” values for cooperative games," International Journal of Game Theory, Springer;Game Theory Society, vol. 42(1), pages 305-324, February.
    7. Hart, Sergiu & Mas-Colell, Andreu, 1989. "Potential, Value, and Consistency," Econometrica, Econometric Society, vol. 57(3), pages 589-614, May.
    8. Derks, Jean & Peters, Hans, 1997. "Consistent restricted Shapley values," Mathematical Social Sciences, Elsevier, vol. 33(1), pages 75-91, February.
    9. Nowak, Andrzej S & Radzik, Tadeusz, 1994. "A Solidarity Value for n-Person Transferable Utility Games," International Journal of Game Theory, Springer;Game Theory Society, vol. 23(1), pages 43-48.
    10. Ruiz, Luis M. & Valenciano, Federico & Zarzuelo, Jose M., 1998. "The Family of Least Square Values for Transferable Utility Games," Games and Economic Behavior, Elsevier, vol. 24(1-2), pages 109-130, July.
    11. Radzik, Tadeusz, 2013. "Is the solidarity value close to the equal split value?," Mathematical Social Sciences, Elsevier, vol. 65(3), pages 195-202.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Sylvain Béal & Eric Rémila & Philippe Solal, 2017. "Axiomatization and implementation of a class of solidarity values for TU-games," Theory and Decision, Springer, vol. 83(1), pages 61-94, June.
    2. Borkotokey, Surajit & Choudhury, Dhrubajit & Kumar, Rajnish & Sarangi, Sudipta, 2020. "Consolidating Marginalism and Egalitarianism: A New Value for Transferable Utility Games," QBS Working Paper Series 2020/12, Queen's University Belfast, Queen's Business School.
    3. Sylvain Béal & Eric Rémila & Philippe Solal, 2019. "Coalitional desirability and the equal division value," Theory and Decision, Springer, vol. 86(1), pages 95-106, February.
    4. Emilio Calvo & Esther Gutiérrez-López, 2018. "Discounted Solidarity Values," Discussion Papers in Economic Behaviour 0418, University of Valencia, ERI-CES.
    5. Sylvain Ferrières, 2017. "Nullified equal loss property and equal division values," Theory and Decision, Springer, vol. 83(3), pages 385-406, October.
    6. Nembua Célestin, Chameni & Wendji Clovis, Miamo, 2017. "On some decisive players for linear efficient and symmetric values in cooperative games with transferable utility," MPRA Paper 83670, University Library of Munich, Germany, revised 2017.
    7. Calvo, Emilio & Gutiérrez-López, Esther, 2021. "Recursive and bargaining values," Mathematical Social Sciences, Elsevier, vol. 113(C), pages 97-106.
    8. Emilio Calvo Ramón & Esther Gutiérrez-López, 2022. "The equal collective gains value in cooperative games," International Journal of Game Theory, Springer;Game Theory Society, vol. 51(1), pages 249-278, March.
    9. Dhrubajit Choudhury & Surajit Borkotokey & Rajnish Kumar & Sudipta Sarangi, 2021. "The Egalitarian Shapley value: a generalization based on coalition sizes," Annals of Operations Research, Springer, vol. 301(1), pages 55-63, June.
    10. Yasushi Agatsuma & Yukihiko Funaki & Koji Yokote, 2017. "Random reduction consistency of the Weber set, the core and the anti-core," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 85(3), pages 389-405, June.
    11. Borkotokey, Surajit & Choudhury, Dhrubajit & Gogoi, Loyimee & Kumar, Rajnish, 2020. "Group contributions in TU-games: A class of k-lateral Shapley values," European Journal of Operational Research, Elsevier, vol. 286(2), pages 637-648.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Surajit Borkotokey & Loyimee Gogoi & Dhrubajit Choudhury & Rajnish Kumar, 2022. "Solidarity induced by group contributions: the MI $$^k$$ k -value for transferable utility games," Operational Research, Springer, vol. 22(2), pages 1267-1290, April.
    2. Sylvain Béal & Eric Rémila & Philippe Solal, 2017. "Axiomatization and implementation of a class of solidarity values for TU-games," Theory and Decision, Springer, vol. 83(1), pages 61-94, June.
    3. Calvo, Emilio & Gutiérrez-López, Esther, 2021. "Recursive and bargaining values," Mathematical Social Sciences, Elsevier, vol. 113(C), pages 97-106.
    4. Sylvain Béal & Eric Rémila & Philippe Solal, 2015. "A Class of Solidarity Allocation Rules for TU-games," Working Papers 2015-03, CRESE.
    5. René Brink & Yukihiko Funaki, 2015. "Implementation and axiomatization of discounted Shapley values," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 45(2), pages 329-344, September.
    6. Borkotokey, Surajit & Choudhury, Dhrubajit & Gogoi, Loyimee & Kumar, Rajnish, 2020. "Group contributions in TU-games: A class of k-lateral Shapley values," European Journal of Operational Research, Elsevier, vol. 286(2), pages 637-648.
    7. Gutiérrez-López, Esther, 2020. "Axiomatic characterizations of the egalitarian solidarity values," Mathematical Social Sciences, Elsevier, vol. 108(C), pages 109-115.
    8. Tadeusz Radzik, 2017. "On an extension of the concept of TU-games and their values," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 86(1), pages 149-170, August.
    9. Emilio Calvo Ramón & Esther Gutiérrez-López, 2022. "The equal collective gains value in cooperative games," International Journal of Game Theory, Springer;Game Theory Society, vol. 51(1), pages 249-278, March.
    10. Niharika Kakoty & Surajit Borkotokey & Rajnish Kumar & Abhijit Bora, 2024. "Weighted Myerson value for Network games," Papers 2402.11464, arXiv.org.
    11. Koji Yokote & Takumi Kongo & Yukihiko Funaki, 2021. "Redistribution to the less productive: parallel characterizations of the egalitarian Shapley and consensus values," Theory and Decision, Springer, vol. 91(1), pages 81-98, July.
    12. Sylvain Béal & Eric Rémila & Philippe Solal, 2019. "Coalitional desirability and the equal division value," Theory and Decision, Springer, vol. 86(1), pages 95-106, February.
    13. Wenzhong Li & Genjiu Xu & Rong Zou & Dongshuang Hou, 2022. "The allocation of marginal surplus for cooperative games with transferable utility," International Journal of Game Theory, Springer;Game Theory Society, vol. 51(2), pages 353-377, June.
    14. Kamijo, Yoshio & Kongo, Takumi, 2012. "Whose deletion does not affect your payoff? The difference between the Shapley value, the egalitarian value, the solidarity value, and the Banzhaf value," European Journal of Operational Research, Elsevier, vol. 216(3), pages 638-646.
    15. Ander Perez-Orive & Andrea Caggese, 2017. "Capital Misallocation and Secular Stagnation," 2017 Meeting Papers 382, Society for Economic Dynamics.
    16. Casajus, André & Huettner, Frank, 2014. "Weakly monotonic solutions for cooperative games," Journal of Economic Theory, Elsevier, vol. 154(C), pages 162-172.
    17. Radzik, Tadeusz & Driessen, Theo, 2013. "On a family of values for TU-games generalizing the Shapley value," Mathematical Social Sciences, Elsevier, vol. 65(2), pages 105-111.
    18. Koji Yokote & Takumi Kongo & Yukihiko Funaki, 2019. "Relationally equal treatment of equals and affine combinations of values for TU games," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 53(2), pages 197-212, August.
    19. Dhrubajit Choudhury & Surajit Borkotokey & Rajnish Kumar & Sudipta Sarangi, 2021. "The Egalitarian Shapley value: a generalization based on coalition sizes," Annals of Operations Research, Springer, vol. 301(1), pages 55-63, June.
    20. Lee, Joosung & Driessen, Theo S.H., 2012. "Sequentially two-leveled egalitarianism for TU games: Characterization and application," European Journal of Operational Research, Elsevier, vol. 220(3), pages 736-743.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:mathme:v:83:y:2016:i:2:d:10.1007_s00186-015-0525-x. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.