Global Coalitional Games
AbstractGlobal coalitional games are TU cooperative games intended to model situations where the worth of coalitions varies across different partitions of the players. Formally, they are real-valued functions whose domain is the direct product of the subset lattice and the lattice of partitions of a finite player set. Therefore, the dimension of the associated vector space grows dramatically fast with the cardinality of the player set, inducing flexibility as well as complexity. Accordingly, some reasonable restrictions that reduce such a dimension are considered. The solution concepts associated with the Shapley value and the core are studied for the general (i.e., unrestricted) case.
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Bibliographic InfoPaper provided by Department of Economics, University of Siena in its series Department of Economics University of Siena with number 415.
Date of creation: Dec 2003
Date of revision:
lattice; lattice function; coalition; partition; Shapley value; core;
Find related papers by JEL classification:
- C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
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