A Non-standard Analysis of Aumann-Shapley Random Order Values of Non-atomic Games
AbstractUsing techniques from the non-standard analysis, a non-standard analogue of the Aumann-Shapley random order value of non-atomic games is provided. The paper introduces the notion of effectively ergodic family of automorphism groups. It is shown that for a wide class of games, the non-standard random order value with respect to an effectively ergodic family of automorphism groups coincides with the standard Aumann-Shapley value.
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Bibliographic InfoPaper provided by EconWPA in its series Game Theory and Information with number 0307003.
Length: 345 pages
Date of creation: 22 Jul 2003
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Note: Type of Document - Tex; prepared on IBM PC - PC-TEX; to print on HP/PostScript/Franciscan monk; pages: 345,395,4323247 ; figures: included/request from author/draw your own. Circulated for comments and citations.
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Shapley Value; Random Order; Non-Atomic Games; Non-standard Analysis.;
Find related papers by JEL classification:
- C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
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- Raut, Lakshmi K., 1997. "Construction of a Haar measure on the projective limit group and random order values of non-atomic games," Journal of Mathematical Economics, Elsevier, vol. 27(2), pages 229-250, March.
- Lakshmi K. Raut, 1996. "A reformulation of Aumann-Shapley random order values of non- atomic games using invariant measures," Game Theory and Information 9603001, EconWPA.
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