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The first steps with Alexia, the average lexicographic value

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Author Info
Tijs, Stef (Tilburg University, Center for Economic Research)
Abstract

The new value AL for balanced games is discussed, which is based on averaging of lexicographic maxima of the core. Exactifications of games play a special role to find interesting relations of AL with other solution concepts for various classes of games as convex games, big boss games, simplex games etc. Also exactifications are helpful to associate fully defined games to partially defined games and to develop solution concepts there.

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File URL: http://arno.uvt.nl/show.cgi?fid=53856
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Publisher Info
Paper provided by Tilburg University, Center for Economic Research in its series Discussion Paper with number 123.

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Date of creation: 2005
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Handle: RePEc:dgr:kubcen:2005123

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Web page: http://center.uvt.nl

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Related research
Keywords: average lexicographic value exact games partially defined games

Find related papers by JEL classification:
C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Branzei, R. & Tijs, S., 2001. "Additivity regions for solutions in cooperative game theory," Discussion Paper 81, Tilburg University, Center for Economic Research. [Downloadable!]
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Alparslan-Gok, S.Z. & Branzei, R. & Tijs, S.H., 2008. "Big Boss Interval Games," Discussion Paper 2008-47, Tilburg University, Center for Economic Research. [Downloadable!]
  2. Caprari, E. & Patrone, F. & Pusillo, L. & Tijs, S. & Torre, A., 2006. "Share opportunity sets and cooperative games," Discussion Paper 115, Tilburg University, Center for Economic Research. [Downloadable!]
  3. Caprari, E. & Tijs, S.H. & Torre, A., 2008. "Weighted Average Lexicographic Values for Share Sets and Balanced Cooperative Games," Discussion Paper 2008-8, Tilburg University, Center for Economic Research. [Downloadable!]
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This page was last updated on 2008-7-29.

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