Luisa Carpente (Universidade da Coruna) Ignacio Garcia-Jurado (Universidade de Santiago de Compostela) Balbina Casas-Mendez (Universidade de Santiago de Compostela) Anne van den Nouweland () (University of Oregon)
Abstract
In this note we use the Shapley value to define a valuation function. A valuation function associates with every non-empty coalition of players in a strategic game a vector of payoffs for the members of the coalition that provides these playersÂ’ valuations of cooperating in the coalition. The Shapley valuation function is defined using the lowervalue based method to associate coalitional games with strategic games that was introduced in Carpente et al. (2003). We discuss axiomatic characterizations of the Shapley valuation function.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
For technical questions regarding this item, or to correct its listing, contact: (Bill Harbaugh).
Related research
Keywords:
Other versions of this item:
Find related papers by JEL classification: C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
This paper has been announced in the following NEP Reports:
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.: