IDEAS home Printed from https://ideas.repec.org/a/eee/ejores/v243y2015i3p912-920.html
   My bibliography  Save this article

A solution concept for network games: The role of multilateral interactions

Author

Listed:
  • Borkotokey, Surajit
  • Kumar, Rajnish
  • Sarangi, Sudipta

Abstract

We propose an allocation rule that takes into account the importance of both players and their links and characterize it for a fixed network. Our characterization is along the lines of the characterization of the Position value for Network games by van den Nouweland and Slikker (2012). The allocation rule so defined admits multilateral interactions among the players through their links which distinguishes it from the other existing rules. Next, we extend our allocation rule to flexible networks à la Jackson (2005).

Suggested Citation

  • Borkotokey, Surajit & Kumar, Rajnish & Sarangi, Sudipta, 2015. "A solution concept for network games: The role of multilateral interactions," European Journal of Operational Research, Elsevier, vol. 243(3), pages 912-920.
    • Handle: RePEc:eee:ejores:v:243:y:2015:i:3:p:912-920
    DOI: 10.1016/j.ejor.2014.12.027
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0377221714010455
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.ejor.2014.12.027?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Slikker, Marco & van den Nouweland, Anne, 2001. "A One-Stage Model of Link Formation and Payoff Division," Games and Economic Behavior, Elsevier, vol. 34(1), pages 153-175, January.
    2. Marco Slikker, 2005. "A characterization of the position value," International Journal of Game Theory, Springer;Game Theory Society, vol. 33(4), pages 505-514, November.
    3. Haeringer, Guillaume, 2006. "A new weight scheme for the Shapley value," Mathematical Social Sciences, Elsevier, vol. 52(1), pages 88-98, July.
    4. Marichal, Jean-Luc & Mathonet, Pierre, 2011. "Weighted Banzhaf power and interaction indexes through weighted approximations of games," European Journal of Operational Research, Elsevier, vol. 211(2), pages 352-358, June.
    5. Jackson, Matthew O., 2005. "Allocation rules for network games," Games and Economic Behavior, Elsevier, vol. 51(1), pages 128-154, April.
    6. Ghintran, Amandine, 2013. "Weighted position values," Mathematical Social Sciences, Elsevier, vol. 65(3), pages 157-163.
    7. Borm, P.E.M. & Owen, G. & Tijs, S.H., 1992. "On the position value for communication situations," Other publications TiSEM 5a8473e4-1df7-42df-ad53-f, Tilburg University, School of Economics and Management.
    8. Jackson, Matthew O. & Wolinsky, Asher, 1996. "A Strategic Model of Social and Economic Networks," Journal of Economic Theory, Elsevier, vol. 71(1), pages 44-74, October.
    9. Pradeep Dubey & Abraham Neyman & Robert James Weber, 1981. "Value Theory Without Efficiency," Mathematics of Operations Research, INFORMS, vol. 6(1), pages 122-128, February.
    10. Slikker, Marco, 2007. "Bidding for surplus in network allocation problems," Journal of Economic Theory, Elsevier, vol. 137(1), pages 493-511, November.
    11. Bergantiños, G. & Gómez-Rúa, M. & Llorca, N. & Pulido, M. & Sánchez-Soriano, J., 2014. "A new rule for source connection problems," European Journal of Operational Research, Elsevier, vol. 234(3), pages 780-788.
    12. Dragan, Irinel, 1996. "New mathematical properties of the Banzhaf value," European Journal of Operational Research, Elsevier, vol. 95(2), pages 451-463, December.
    13. Klaus Kultti & Hannu Salonen, 2007. "Minimum norm solutions for cooperative games," International Journal of Game Theory, Springer;Game Theory Society, vol. 35(4), pages 591-602, April.
    14. Ruiz, Luis M & Valenciano, Federico & Zarzuelo, Jose M, 1996. "The Least Square Prenucleolus and the Least Square Nucleolus. Two Values for TU Games Based on the Excess Vector," International Journal of Game Theory, Springer;Game Theory Society, vol. 25(1), pages 113-134.
    15. Feltkamp, Vincent, 1995. "Alternative Axiomatic Characterizations of the Shapley and Banzhaf Values," International Journal of Game Theory, Springer;Game Theory Society, vol. 24(2), pages 179-186.
    16. Rosenthal, Edward C., 2013. "Shortest path games," European Journal of Operational Research, Elsevier, vol. 224(1), pages 132-140.
    17. Ruiz, Luis M. & Valenciano, Federico & Zarzuelo, Jose M., 1998. "The Family of Least Square Values for Transferable Utility Games," Games and Economic Behavior, Elsevier, vol. 24(1-2), pages 109-130, July.
    18. van den Nouweland, Anne & Slikker, Marco, 2012. "An axiomatic characterization of the position value for network situations," Mathematical Social Sciences, Elsevier, vol. 64(3), pages 266-271.
    19. Kamijo, Yoshio, 2009. "A linear proportional effort allocation rule," Mathematical Social Sciences, Elsevier, vol. 58(3), pages 341-353, November.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Zhou, Weihua & Pu, Yaqi & Dai, Hongyan & Jin, Qingwei, 2017. "Cooperative interconnection settlement among ISPs through NAP," European Journal of Operational Research, Elsevier, vol. 256(3), pages 991-1003.
    2. Niharika Kakoty & Surajit Borkotokey & Rajnish Kumar & Abhijit Bora, 2024. "Weighted Myerson value for Network games," Papers 2402.11464, arXiv.org.
    3. Surajit Borkotokey & Loyimee Gogoi & Dhrubajit Choudhury & Rajnish Kumar, 2022. "Solidarity induced by group contributions: the MI $$^k$$ k -value for transferable utility games," Operational Research, Springer, vol. 22(2), pages 1267-1290, April.
    4. Manuel, C. & Ortega, E. & del Pozo, M., 2020. "Marginality and Myerson values," European Journal of Operational Research, Elsevier, vol. 284(1), pages 301-312.
    5. Borkotokey, Surajit & Choudhury, Dhrubajit & Kumar, Rajnish & Sarangi, Sudipta, 2020. "Consolidating Marginalism and Egalitarianism: A New Value for Transferable Utility Games," QBS Working Paper Series 2020/12, Queen's University Belfast, Queen's Business School.
    6. Borkotokey, Surajit & Chakrabarti, Subhadip & Gilles, Robert P. & Gogoi, Loyimee & Kumar, Rajnish, 2021. "Probabilistic network values," Mathematical Social Sciences, Elsevier, vol. 113(C), pages 169-180.
    7. Surajit Borkotokey & Sujata Goala & Niharika Kakoty & Parishmita Boruah, 2022. "The component-wise egalitarian Myerson value for Network Games," Papers 2201.02793, arXiv.org.
    8. Surajit Borkotokey & Dhrubajit Choudhury & Rajnish Kumar & Sudipta Sarangi, 2023. "A new value for cooperative games based on coalition size," International Journal of Economic Theory, The International Society for Economic Theory, vol. 19(4), pages 830-854, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Niharika Kakoty & Surajit Borkotokey & Rajnish Kumar & Abhijit Bora, 2024. "Weighted Myerson value for Network games," Papers 2402.11464, arXiv.org.
    2. Surajit Borkotokey & Sujata Goala & Niharika Kakoty & Parishmita Boruah, 2022. "The component-wise egalitarian Myerson value for Network Games," Papers 2201.02793, arXiv.org.
    3. Julia Belau, 2018. "The class of ASN-position values," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 50(1), pages 65-99, January.
    4. Niharika Kakoty & Surajit Borkotokey & Rajnish Kumar & Abhijit Bora, 2023. "Weighted position value for Network games," Papers 2308.03494, arXiv.org.
    5. Jean-François Caulier & Michel Grabisch & Agnieszka Rusinowska, 2015. "An allocation rule for dynamic random network formation processes," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 60(2), pages 283-313, October.
    6. Borkotokey, Surajit & Chakrabarti, Subhadip & Gilles, Robert P. & Gogoi, Loyimee & Kumar, Rajnish, 2021. "Probabilistic network values," Mathematical Social Sciences, Elsevier, vol. 113(C), pages 169-180.
    7. Borkotokey, Surajit & Sarangi, Sudipta, 2011. "Allocation rules for fixed and flexible networks: the role of players and their links," MPRA Paper 38340, University Library of Munich, Germany.
    8. Belau, Julia, 2016. "Outside option values for network games," Mathematical Social Sciences, Elsevier, vol. 84(C), pages 76-86.
    9. Kamijo, Yoshio, 2009. "A linear proportional effort allocation rule," Mathematical Social Sciences, Elsevier, vol. 58(3), pages 341-353, November.
    10. C. Manuel & D. Martín, 2021. "A value for communication situations with players having different bargaining abilities," Annals of Operations Research, Springer, vol. 301(1), pages 161-182, June.
    11. Xu, Genjiu & Driessen, Theo S.H. & Sun, Hao & Su, Jun, 2013. "Consistency for the additive efficient normalization of semivalues," European Journal of Operational Research, Elsevier, vol. 224(3), pages 566-571.
    12. Slikker, Marco, 2007. "Bidding for surplus in network allocation problems," Journal of Economic Theory, Elsevier, vol. 137(1), pages 493-511, November.
    13. Nils Roehl, 2013. "Two-Stage Allocation Rules," Working Papers Dissertations 01, Paderborn University, Faculty of Business Administration and Economics.
    14. van den Nouweland, Anne & Slikker, Marco, 2012. "An axiomatic characterization of the position value for network situations," Mathematical Social Sciences, Elsevier, vol. 64(3), pages 266-271.
    15. Carreras, Francesc & Giménez, José Miguel, 2011. "Power and potential maps induced by any semivalue: Some algebraic properties and computation by multilinear extensions," European Journal of Operational Research, Elsevier, vol. 211(1), pages 148-159, May.
    16. repec:hal:pseose:halshs-01207823 is not listed on IDEAS
    17. Li, Daniel Li & Shan, Erfang, 2019. "The position value and the structures of graphs," Applied Mathematics and Computation, Elsevier, vol. 356(C), pages 190-197.
    18. Ulrich Faigle & Michel Grabisch, 2019. "Least Square Approximations and Linear Values of Cooperative Game," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-02381231, HAL.
    19. Michel Grabisch & Agnieszka Rusinowska, 2020. "k -additive upper approximation of TU-games," PSE-Ecole d'économie de Paris (Postprint) halshs-02860802, HAL.
    20. Ghintran, Amandine, 2013. "Weighted position values," Mathematical Social Sciences, Elsevier, vol. 65(3), pages 157-163.
    21. Daniel Li Li & Erfang Shan, 2024. "A new value for communication situations," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 100(2), pages 535-551, October.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ejores:v:243:y:2015:i:3:p:912-920. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/eor .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.