An Owen-Type Value for Games with Two-Level Communication Structures
AbstractWe introduce an Owen-type value for games with two-level communication structures, being structures where the players are partitioned into a coalition structure such that there exists restricted communication between as well as within the a priori unions of the coalition structure. Both types of communication restrictions are modeled by an undirected communication graph, so there is a communication graph between the unions of the coalition structure as well as a communication graph on the players in every union. We also show that, for particular two-level communication structures, the Owen value and the Aumann-Dreze value for games with coalition structures, the Myerson value for communication graph games and the equal surplus division solution appear as special cases of this new value.
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Bibliographic InfoPaper provided by Tinbergen Institute in its series Tinbergen Institute Discussion Papers with number 11-089/1.
Date of creation: 11 Jun 2011
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TU game; coalition structure; communication graph; Owen value; Myerson value;
Find related papers by JEL classification:
- C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
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- van den Brink, René & Khmelnitskaya, Anna & van der Laan, Gerard, 2012.
"An efficient and fair solution for communication graph games,"
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- Brink, J.R. van den & Laan, G. van der, 2001.
"A Class of Consistent Share Functions For Games in Coalition Structure,"
2001-33, Tilburg University, Center for Economic Research.
- van den Brink, Rene & van der Laan, Gerard, 2005. "A class of consistent share functions for games in coalition structure," Games and Economic Behavior, Elsevier, vol. 51(1), pages 193-212, April.
- René van den Brink & Gerard van der Laan, 2001. "A Class of Consistent Share Functions for Games in Coalition Structure," Tinbergen Institute Discussion Papers 01-044/1, Tinbergen Institute.
- Vazquez-Brage, Margarita & Garcia-Jurado, Ignacio & Carreras, Francesc, 1996. "The Owen Value Applied to Games with Graph-Restricted Communication," Games and Economic Behavior, Elsevier, vol. 12(1), pages 42-53, January.
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