Allocation rules for fixed and flexible networks: the role of players and their links
AbstractWe propose an allocation rule that takes into account the importance of players and their links and characterizes it for a fixed network. Unlike previous rules, our characterization does not require component additivity. Next, we extend it to flexible networks a la Jackson (2005). Finally, we provide a comparison with other fixed (network Myerson and Position value) and flexible network (player and link based) allocation rules through a number of examples.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 38340.
Date of creation: 02 Dec 2011
Date of revision:
Network games; Allocation rules; Cooperative games;
Find related papers by JEL classification:
- C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
- D85 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Network Formation
- A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-05-02 (All new papers)
- NEP-GTH-2012-05-02 (Game Theory)
- NEP-NET-2012-05-02 (Network Economics)
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