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Assignment situations with multiple ownership and their games

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Author Info
Miquel, Silvia
Velzen, Bas van
Hamers, Herbert
Norde, Henk (Tilburg University, Center for Economic Research)

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Abstract

An assignment situation can be considered as a two-sided market consisting of two disjoint sets of objects. A non-negative reward matrix describes the profit if an object of one group is assigned to an object of the other group. Assuming that each object is owned by a different agent, Shapley and Shubik (1972) introduced a class of assignment games arising from these assignment situations. This paper introduces assignment situations with multiple ownership. In these situations each object can be owned by several agents and each agent can participate in the ownership of more than one object. In this paper we study simple assignment games and relaxations that arise from assignment situations with multiple ownership. First, necessary and sufficient conditions are provided for balanced assignment situations with multiple ownership. An assignment situation with multiple ownership is balanced if for any choice of the reward matrix the corresponding simple assignment game is balanced. Second, balancedness results are obtained for relaxations of simple assignment games.

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Publisher Info
Paper provided by Tilburg University, Center for Economic Research in its series Discussion Paper with number 78.

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Date of creation: 2005
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Handle: RePEc:dgr:kubcen:200578

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Related research
Keywords: assignment situations; matchings; assignment games; balancedness;

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

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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. Quint, Thomas, 1991. "Characterization of Cores of Assignment Games," International Journal of Game Theory, Springer, vol. 19(4), pages 413-20.
  2. T. E. S. Raghavan & Tamás Solymosi, 2001. "Assignment games with stable core," International Journal of Game Theory, Springer, vol. 30(2), pages 177-185. [Downloadable!] (restricted)
  3. Solymosi, Tamas & Raghavan, Tirukkannamangai E S, 1994. "An Algorithm for Finding the Nucleolus of Asignment Games," International Journal of Game Theory, Springer, vol. 23(2), pages 119-43.
  4. Nunez, Marina & Rafels, Carles, 2003. "Characterization of the extreme core allocations of the assignment game," Games and Economic Behavior, Elsevier, vol. 44(2), pages 311-331, August. [Downloadable!] (restricted)
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