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The NTU consistent coalitional value

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Author Info
Gustavo Bergantiños (University of Vigo)
Juan Vidal-Puga (University of Vigo)

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Abstract

We introduce a new value for NTU games with coalition structure. This value coincides with the consistent value for trivial coalition structures, and with the Owen value for TU games with coalition structure. Furthermore, we present two characterizations: the first one using a consistency property and the second one using balanced contributions properties.

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File URL: http://129.3.20.41/eps/game/papers/0303/0303007.pdf
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Publisher Info
Paper provided by EconWPA in its series Game Theory and Information with number 0303007.

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Length: 37 pages
Date of creation: 24 Mar 2003
Date of revision:
Handle: RePEc:wpa:wuwpga:0303007

Note: Type of Document - Tex; prepared on IBM PC - PC-TEX; to print on HP; pages: 37 ; figures: included
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Web page: http://129.3.20.41

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Related research
Keywords: consistent coalition structure value NTU balanced contributions;

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
C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory

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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.:
  1. Winter, Eyal, 1991. "On Non-transferable Utility Games with Coalition Structure," International Journal of Game Theory, Springer, vol. 20(1), pages 53-63.
  2. Winter, Eyal, 1992. "The consistency and potential for values of games with coalition structure," Games and Economic Behavior, Elsevier, vol. 4(1), pages 132-144, January. [Downloadable!] (restricted)
    Other versions:
  3. Maschler, M & Owen, G, 1989. "The Consistent Shapley Value for Hyperplane Games," International Journal of Game Theory, Springer, vol. 18(4), pages 389-407.
  4. Aumann, Robert J, 1985. "An Axiomatization of the Non-transferable Utility Value," Econometrica, Econometric Society, vol. 53(3), pages 599-612, May. [Downloadable!] (restricted)
  5. Calvo, Emilio & Javier Lasaga, J. & Winter, Eyal, 1996. "The principle of balanced contributions and hierarchies of cooperation," Mathematical Social Sciences, Elsevier, vol. 31(3), pages 171-182, June. [Downloadable!] (restricted)
  6. Hart, Sergiu & Mas-Colell, Andreu, 1996. "Bargaining and Value," Econometrica, Econometric Society, vol. 64(2), pages 357-80, March. [Downloadable!] (restricted)
    Other versions:
  7. Roger B. Myerson, 1978. "Conference Structures and Fair Allocation Rules," Discussion Papers 363, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
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Cited by:
(explanations, 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.)

  1. Gómez-Rúa, María & Vidal-Puga, Juan, 2008. "The axiomatic approach to three values in games with coalition structure," MPRA Paper 8904, University Library of Munich, Germany. [Downloadable!]
  2. Gustavo Bergantiños & Balbina Casas- Méndez & Gloria Fiestras- Janeiro & Juan Vidal-Puga, 2005. "A Focal-Point Solution for Bargaining Problems with Coalition Structure," Game Theory and Information 0511006, EconWPA. [Downloadable!]
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