Cooperative Games arising from Information Sharing Situations
AbstractRelations are established between information sharing (IS) situations and IS-games on one hand and information collecting (IC) situations and IC-games on the other hand. It is shown that IC-games can be obtained as convex combinations of so-called local games. Properties are described which IC-games possess if all related local games have the respective properties. Special attention is paid to the classes of convex IC-games and of k-concave IC-games. This last class turns out to consist of total big boss games. For the class of total big boss games a new solution concept is introduced: bi-monotonic allocation schemes.
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Bibliographic InfoPaper provided by Tilburg University, Center for Economic Research in its series Discussion Paper with number 2000-42.
Date of creation: 2000
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cooperative games; information; big boss games; bi-monotonic allocation scheme;
Find related papers by JEL classification:
- C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
- D89 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Other
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