IDEAS home Printed from https://ideas.repec.org/p/crb/wpaper/2017-11.html
   My bibliography  Save this paper

Axiomatic and bargaining foundations of an allocation rule for ordered tree TU-games

Author

Listed:
  • Sylvain Béal

    (Université de Bourgogne Franche-Comté, CRESE)

  • Sylvain Ferrières

    (Université de Bourgogne Franche-Comté, CRESE)

  • Eric Rémila

    (Université de Saint-Etienne, Gate)

  • Phillippe Solal

    (Université de Saint-Etienne, Gate)

Abstract

We introduce the class of tree TU-games augmented by a total order over the links which re ects the formation process of the tree. We first characterize a new allocation rule for this class of cooperative games by means of three axioms, Standardness, Top-consistency and Link Amalgamation. Then, we provide a bargaining foundation for this allocation rule by designing a mechanism, including a bidding stage followed by a bargaining stage, which supports this allocation rule in subgame Nash equilibrium provided that the underlying game is superadditive.

Suggested Citation

  • Sylvain Béal & Sylvain Ferrières & Eric Rémila & Phillippe Solal, 2017. "Axiomatic and bargaining foundations of an allocation rule for ordered tree TU-games," Working Papers 2017-11, CRESE.
  • Handle: RePEc:crb:wpaper:2017-11
    DOI: https://doi.org/10.1016/j.mathsocsci.2018.03.003
    as

    Download full text from publisher

    File URL: https://crese.univ-fcomte.fr/uploads/wp/WP-2017-11.pdf
    File Function: First version, 2017
    Download Restriction: no

    File URL: https://libkey.io/https://doi.org/10.1016/j.mathsocsci.2018.03.003?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
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Yukihiko Funaki & Takehiko Yamato, 2001. "The Core And Consistency Properties: A General Characterisation," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 3(02n03), pages 175-187.
    2. Perez-Castrillo, David & Wettstein, David, 2001. "Bidding for the Surplus : A Non-cooperative Approach to the Shapley Value," Journal of Economic Theory, Elsevier, vol. 100(2), pages 274-294, October.
    3. Yuan Ju & David Wettstein, 2009. "Implementing cooperative solution concepts: a generalized bidding approach," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 39(2), pages 307-330, May.
    4. Roger B. Myerson, 1977. "Graphs and Cooperation in Games," Mathematics of Operations Research, INFORMS, vol. 2(3), pages 225-229, August.
    5. H. Moulin, 1984. "The Conditional Auction Mechanism for Sharing a Surplus," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 51(1), pages 157-170.
    6. Herings, P. Jean Jacques & van der Laan, Gerard & Talman, Dolf, 2008. "The average tree solution for cycle-free graph games," Games and Economic Behavior, Elsevier, vol. 62(1), pages 77-92, January.
    7. David Pérez-Castrillo & David Wettstein, 2002. "Choosing Wisely: A Multibidding Approach," American Economic Review, American Economic Association, vol. 92(5), pages 1577-1587, December.
    8. Sylvain Béal & Amandine Ghintran & Eric Rémila & Philippe Solal, 2015. "The sequential equal surplus division for rooted forest games and an application to sharing a river with bifurcations," Theory and Decision, Springer, vol. 79(2), pages 251-283, September.
    9. 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.
    10. Gabrielle Demange, 2004. "On Group Stability in Hierarchies and Networks," Journal of Political Economy, University of Chicago Press, vol. 112(4), pages 754-778, August.
    11. Yuan Ju & Peter Borm & Pieter Ruys, 2007. "The consensus value: a new solution concept for cooperative games," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 28(4), pages 685-703, June.
    12. van den Brink, René, 2012. "Efficiency and collusion neutrality in cooperative games and networks," Games and Economic Behavior, Elsevier, vol. 76(1), pages 344-348.
    13. Erik Ansink & Hans-Peter Weikard, 2012. "Sequential sharing rules for river sharing problems," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 38(2), pages 187-210, February.
    14. Borm, P.E.M. & Owen, G. & Tijs, S.H., 1992. "On the position value for communication situations," Other publications TiSEM 5a8473e4-1df7-42df-ad53-f, Tilburg University, School of Economics and Management.
    15. Anna Khmelnitskaya, 2010. "Values for rooted-tree and sink-tree digraph games and sharing a river," Theory and Decision, Springer, vol. 69(4), pages 657-669, October.
    16. van den Brink, René & van der Laan, Gerard & Moes, Nigel, 2013. "A strategic implementation of the Average Tree solution for cycle-free graph games," Journal of Economic Theory, Elsevier, vol. 148(6), pages 2737-2748.
    17. Alonso-Meijide, J.M. & Álvarez-Mozos, M. & Fiestras-Janeiro, M.G., 2009. "Values of games with graph restricted communication and a priori unions," Mathematical Social Sciences, Elsevier, vol. 58(2), pages 202-213, September.
    18. Navarro Noemí & Perea Andres, 2013. "A Simple Bargaining Procedure for the Myerson Value," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 13(1), pages 1-20, May.
    19. Hart, Sergiu & Mas-Colell, Andreu, 1989. "Potential, Value, and Consistency," Econometrica, Econometric Society, vol. 57(3), pages 589-614, May.
    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. Béal, Sylvain & Ferrières, Sylvain & Rémila, Eric & Solal, Philippe, 2018. "Axiomatization of an allocation rule for ordered tree TU-games," Mathematical Social Sciences, Elsevier, vol. 93(C), pages 132-140.

    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. Béal, Sylvain & Ferrières, Sylvain & Rémila, Eric & Solal, Philippe, 2018. "Axiomatization of an allocation rule for ordered tree TU-games," Mathematical Social Sciences, Elsevier, vol. 93(C), pages 132-140.
    2. Sylvain Béal & Amandine Ghintran & Eric Rémila & Philippe Solal, 2015. "The sequential equal surplus division for rooted forest games and an application to sharing a river with bifurcations," Theory and Decision, Springer, vol. 79(2), pages 251-283, September.
    3. van den Brink, René & van der Laan, Gerard & Moes, Nigel, 2013. "A strategic implementation of the Average Tree solution for cycle-free graph games," Journal of Economic Theory, Elsevier, vol. 148(6), pages 2737-2748.
    4. László Á. Kóczy, 2018. "Partition Function Form Games," Theory and Decision Library C, Springer, number 978-3-319-69841-0, March.
    5. Sylvain Béal & Eric Rémila & Philippe Solal, 2017. "A strategic implementation of the sequential equal surplus division rule for digraph cooperative games," Annals of Operations Research, Springer, vol. 253(1), pages 43-59, June.
    6. Béal, Sylvain & Rémila, Eric & Solal, Philippe, 2012. "The sequential equal surplus division for sharing a river," MPRA Paper 37346, University Library of Munich, Germany.
    7. 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.
    8. Sylvain Béal & Eric Rémila & Philippe Solal, 2015. "Discounted Tree Solutions," Working Papers hal-01377923, HAL.
    9. Ander Perez-Orive & Andrea Caggese, 2017. "Capital Misallocation and Secular Stagnation," 2017 Meeting Papers 382, Society for Economic Dynamics.
    10. Richard Baron & Sylvain Béal & Eric Rémila & Philippe Solal, 2011. "Average tree solutions and the distribution of Harsanyi dividends," International Journal of Game Theory, Springer;Game Theory Society, vol. 40(2), pages 331-349, May.
    11. Michel Grabisch, 2013. "The core of games on ordered structures and graphs," Annals of Operations Research, Springer, vol. 204(1), pages 33-64, April.
    12. Béal, Sylvain & Rémila, Eric & Solal, Philippe, 2015. "Characterization of the Average Tree solution and its kernel," Journal of Mathematical Economics, Elsevier, vol. 60(C), pages 159-165.
    13. Pérez-Castrillo, David & Quérou, Nicolas, 2012. "Smooth multibidding mechanisms," Games and Economic Behavior, Elsevier, vol. 76(2), pages 420-438.
    14. Anna Khmelnitskaya & Gerard van der Laan & Dolf Talman, 2016. "Centrality Rewarding Shapley and Myerson Values for Undirected Graph Games," Tinbergen Institute Discussion Papers 16-070/II, Tinbergen Institute.
    15. Jun Su & Yuan Liang & Guangmin Wang & Genjiu Xu, 2020. "Characterizations, Potential, and an Implementation of the Shapley-Solidarity Value," Mathematics, MDPI, vol. 8(11), pages 1-20, November.
    16. Niharika Kakoty & Surajit Borkotokey & Rajnish Kumar & Abhijit Bora, 2024. "Weighted Myerson value for Network games," Papers 2402.11464, arXiv.org.
    17. Inés Macho-Stadler & David Pérez-Castrillo & David Wettstein, 2017. "Extensions of the Shapley value for Environments with Externalities," Working Papers 1002, Barcelona School of Economics.
    18. Encarnacion Algaba & Rene van den Brink, 2021. "Networks, Communication and Hierarchy: Applications to Cooperative Games," Tinbergen Institute Discussion Papers 21-019/IV, Tinbergen Institute.
    19. Sylvain Béal & Amandine Ghintran & Eric Rémila & Philippe Solal, 2012. "The Sequential Equal Surplus Division for Sharing International Rivers with Bifurcations," Working Papers 2012-02, CRESE.
    20. Liying Kang & Anna Khmelnitskaya & Erfang Shan & Dolf Talman & Guang Zhang, 2021. "The average tree value for hypergraph games," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 94(3), pages 437-460, December.

    More about this item

    Keywords

    Amalgamation; Bargaining; Consistency; Tree TU-games; Total order;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    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:crb:wpaper:2017-11. 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: Lauent Kondratuk (email available below). General contact details of provider: https://edirc.repec.org/data/crufcfr.html .

    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.