Axiomatizations of symmetrically weighted solutions
If the excesses of the coalitions in a transferable utility game are weighted, then we show that the arising weighted modifications of the well-known (pre)nucleolus and (pre)kernel satisfy the equal treatment property if and only if the weight system is symmetric in the sense that the weight of a subcoalition of a grand coalition may only depend on the grand coalition and the size of the subcoalition. Hence, the symmetrically weighted versions of the (pre)nucleolus and the (pre)kernel are symmetric, i.e., invariant under symmetries of a game. They may, however, violate anonymity, i.e., they may depend on the names of the players. E.g., a symmetrically weighted nucleolus may assign the classical nucleolus to one game and the per capita nucleolus to another game. We generalize Sobolev's axiomatization of the prenucleolus and its modification for the nucleolus as well as Peleg's axiomatization of the prekernel to the symmetrically weighted versions. Only the reduced games have to be replaced by suitably modified reduced games whose definitions may depend on the weight system. Moreover, it is shown that a solution may only satisfy the mentioned sets of modified axioms if the weight system is symmetric.
|Date of creation:||01 Feb 2013|
|Date of revision:|
|Contact details of provider:|| Postal: Department of Business and Economics, University of Southern Denmark, Campusvej 55, DK-5230 Odense M, Denmark|
Phone: 65 50 32 33
Fax: 65 50 32 37
Web page: http://www.sdu.dk/ivoe
More information through EDIRC
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.:
- Potters, J.A.M. & Tijs, S.H., 1992. "The nucleolus of a matrix game and other nucleoli," Other publications TiSEM ae3402e7-bd19-494b-b0a1-f, Tilburg University, School of Economics and Management.
- Hans Haller & Jean Derks, 1999. "Weighted nucleoli," International Journal of Game Theory, Springer;Game Theory Society, vol. 28(2), pages 173-187.
- Orshan, Gooni, 1993. "The Prenucleolus and the Reduced Game Property: Equal Treatment Replaces Anonymity," International Journal of Game Theory, Springer;Game Theory Society, vol. 22(3), pages 241-48.
- Peleg, B, 1986. "On the Reduced Game Property and Its Converse," International Journal of Game Theory, Springer;Game Theory Society, vol. 15(3), pages 187-200.
- Aumann, Robert J. & Maschler, Michael, 1985. "Game theoretic analysis of a bankruptcy problem from the Talmud," Journal of Economic Theory, Elsevier, vol. 36(2), pages 195-213, August.
When requesting a correction, please mention this item's handle: RePEc:hhs:sdueko:2013_003. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Lene Holbæk)
If references are entirely missing, you can add them using this form.