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Axiomatization of the Shapley value and power index for bi-cooperative games

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Author Info
Christophe Labreuche () (Thales Research & Technology)
Michel Grabisch () (Centre d'Economie de la Sorbonne)

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Abstract

Bi-cooperative games have been introduced by Bilbao as a generalization of classical cooperative games, where each player can participate positively to the game (defender), negatively (defeater), or do not participate (abstentionist). In a voting situation (simple games), they coincide with ternary voting game of Felsenthal and Mochover, where each voter can vote in favor, against or abstain. In this paper, we propose a definition of value or solution concept for bi-cooperative games, close to the Shapley value, and we give an interpretation of this value in the framework of (ternary) simple games, in the spirit of Shapley-Shubik, using the notion of swing. Lastly, we compare our definition with the one of Felsenthal and Machover, based on the notion of ternary roll-call, and the Shapley value of multi-choice games proposed by Hsiao and Ragahavan.

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Publisher Info
Paper provided by Université Panthéon-Sorbonne (Paris 1) in its series Cahiers de la Maison des Sciences Economiques with number b06023.

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Length: 20 pages
Date of creation: Mar 2006
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Handle: RePEc:mse:wpsorb:b06023

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Related research
Keywords: Cooperative game theory bi-cooperative games power index Shapley value.

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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. Felsenthal, Dan S & Machover, Moshe, 1996. " Alternative Forms of the Shapley Value and the Shapley-Shubik Index," Public Choice, Springer, vol. 87(3-4), pages 315-18, June.
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