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Modeling values for TU-games using generalized versions of consistency, standardness and the null player property

Author

Listed:
  • Tadeusz Radzik

    () (Wrocław University of Technology)

  • Theo Driessen

    () (University of Twente)

Abstract

Abstract In the paper we discuss three general properties of values of TU-games: $$\uplambda $$ λ -standardness, general probabilistic consistency and some modifications of the null player property. Necessary and sufficient conditions for different families of efficient, linear and symmetric values are given in terms of these properties. It is shown that the results obtained can be used to get new axiomatizations of several classical values of TU-games.

Suggested Citation

  • Tadeusz Radzik & Theo Driessen, 2016. "Modeling values for TU-games using generalized versions of consistency, standardness and the null player property," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 83(2), pages 179-205, April.
  • Handle: RePEc:spr:mathme:v:83:y:2016:i:2:d:10.1007_s00186-015-0525-x
    DOI: 10.1007/s00186-015-0525-x
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    References listed on IDEAS

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    1. Emilio Calvo, 2008. "Random marginal and random removal values," International Journal of Game Theory, Springer;Game Theory Society, vol. 37(4), pages 533-563, December.
    2. Derks, Jean & Peters, Hans, 1997. "Consistent restricted Shapley values," Mathematical Social Sciences, Elsevier, vol. 33(1), pages 75-91, February.
    3. Nowak, Andrzej S & Radzik, Tadeusz, 1994. "A Solidarity Value for n-Person Transferable Utility Games," International Journal of Game Theory, Springer;Game Theory Society, vol. 23(1), pages 43-48.
    4. 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.
    5. Casajus, André & Huettner, Frank, 2013. "Null players, solidarity, and the egalitarian Shapley values," Journal of Mathematical Economics, Elsevier, vol. 49(1), pages 58-61.
    6. René Brink & Yukihiko Funaki & Yuan Ju, 2013. "Reconciling marginalism with egalitarianism: consistency, monotonicity, and implementation of egalitarian Shapley values," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 40(3), pages 693-714, March.
    7. van den Brink, Rene, 2007. "Null or nullifying players: The difference between the Shapley value and equal division solutions," Journal of Economic Theory, Elsevier, vol. 136(1), pages 767-775, September.
    8. Marcin Malawski, 2013. "“Procedural” values for cooperative games," International Journal of Game Theory, Springer;Game Theory Society, vol. 42(1), pages 305-324, February.
    9. Radzik, Tadeusz, 2013. "Is the solidarity value close to the equal split value?," Mathematical Social Sciences, Elsevier, vol. 65(3), pages 195-202.
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    Citations

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    Cited by:

    1. Sylvain Béal & Eric Rémila & Philippe Solal, 2019. "Coalitional desirability and the equal division value," Theory and Decision, Springer, vol. 86(1), pages 95-106, February.
    2. Sylvain Béal & Eric Rémila & Philippe Solal, 2017. "Axiomatization and implementation of a class of solidarity values for TU-games," Theory and Decision, Springer, vol. 83(1), pages 61-94, June.
    3. repec:spr:mathme:v:85:y:2017:i:3:d:10.1007_s00186-017-0575-3 is not listed on IDEAS
    4. Emilio Calvo & Esther Gutiérrez-López, 2018. "Discounted Solidarity Values," Discussion Papers in Economic Behaviour 0418, University of Valencia, ERI-CES.
    5. repec:kap:theord:v:83:y:2017:i:3:d:10.1007_s11238-017-9604-1 is not listed on IDEAS
    6. Nembua Célestin, Chameni & Wendji Clovis, Miamo, 2017. "On some decisive players for linear efficient and symmetric values in cooperative games with transferable utility," MPRA Paper 83670, University Library of Munich, Germany, revised 2017.

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