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On Harsanyi Payoff Vectors and the Weber Set

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Author Info
Jean Derks () (Universiteit Maastricht)
Gerard van der Laan () (Faculty of Economics and Business Administration, Vrije Universiteit Amsterdam)
Valeri Vasil'ev () (Sobolev Institute of Mathematics, Russia)

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Abstract

The paper discusses the set of Harsanyi payoff vectors,also known as the Selectope. First, we reconsider some results on Harsanyi payoff vectors, published by Vasil'ev in the late 1970's, within a more general framework. In particular, these results state already that the set of Harsanyi payoff vectors is given by the core of an associated convex game, a result that recently has been proven by Derks et. al.(2000). The marginal contribution vectors are examples of Harsanyi payoff vectors so that the Weber set, being the convex hull of the marginal contribution vectors, is a subset of the Harsanyi set, which denotes the set of Harsanyi payoff vectors. We provide two characterizations of those Harsanyi payoff vectors that are elements of the Weber set.Key words: TU-games, Core, Harsanyi set, Weber set, Selectope.JEL-code: C71.

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Paper provided by Tinbergen Institute in its series Tinbergen Institute Discussion Papers with number 02-105/1.

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Date of creation: 21 Oct 2002
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Handle: RePEc:dgr:uvatin:20020105

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Web page: http://www.tinbergen.nl/

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Related research
Keywords: TU-games Core Harsanyi set Weber set Selectope.

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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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  1. René van den Brink & Gerard van der Laan & Valeri Vasil'ev, 2003. "Harsanyi Solutions in Line-graph Games," Tinbergen Institute Discussion Papers 03-076/1, Tinbergen Institute. [Downloadable!]
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