Convex Multi-Choice Cooperative Games and their Monotonic Allocation Schemes
AbstractThis paper focuses on new characterizations of convex multi-choice games using the notions of exactness and superadditivity. Further- more, (level-increase) monotonic allocation schemes (limas) on the class of convex multi-choice games are introduced and studied. It turns out that each element of the Weber set of such a game is ex- tendable to a limas, and the (total) Shapley value for multi-choice games generates a limas for each convex multi-choice game.
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Bibliographic InfoPaper provided by Tilburg University, Center for Economic Research in its series Discussion Paper with number 2007-54.
Date of creation: 2007
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Multi-choice games; Convex games; Marginal games; Weber set; Monotonic allocation schemes.;
Find related papers by JEL classification:
- C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
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