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A Value For Cephoidal Ntu-Games

Author

Listed:
  • JOACHIM ROSENMÜLLER

    (Institute of Mathematical Economics, University of Bielefeld, D–33615 Bielefeld, Germany)

Abstract

A Cephoid is an algebraic ("Minkowski") sum of finitely many prisms inℝn. A cephoidal game is an NTU game the feasible sets of which are cephoids. We provide a version of the Shapley NTU value for such games based on the bargaining solution of Maschler–Perles. The value is characterized by a suitable set of axioms

Suggested Citation

  • Joachim Rosenmüller, 2009. "A Value For Cephoidal Ntu-Games," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 11(03), pages 247-272.
    • Handle: RePEc:wsi:igtrxx:v:11:y:2009:i:03:n:s0219198909002303
    DOI: 10.1142/S0219198909002303
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    More about this item

    Keywords

    NTU-Games; bargaining; solutions; values; 91A12; 91A06;
    All these keywords.

    JEL classification:

    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology
    • C0 - Mathematical and Quantitative Methods - - General
    • C6 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling
    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
    • D5 - Microeconomics - - General Equilibrium and Disequilibrium
    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics

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