Effi cient Formulas and Computational Efficiency for Glove Games
A well known and simple game to model markets is the glove game where worth is produced by building matching pairs. For glove games, diff erent concepts, like the Shapley value, the restricted Shapley value or the Owen value, yield diff erent distributions of worth. Moreover, computational eff ort of these values is in general very high. This paper provides effi cient allocation formulas of the component restricted Shapley value and the Owen value for glove games in case of efficient coalitions.
|Date of creation:||Dec 2013|
|Date of revision:|
|Contact details of provider:|| Postal: |
Web page: http://www.rwi-essen.de/
More information through EDIRC
|Order Information:||Web: http://www.rwi-essen.de/publikationen/|
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.:
- Julia Belau, 2011.
"Outside Options In Probabilistic Coalition Situations,"
International Game Theory Review (IGTR),
World Scientific Publishing Co. Pte. Ltd., vol. 13(04), pages 417-442.
- Belau, Julia, 2011. "Outside Options in Probabilistic Coalition Situations," Ruhr Economic Papers 236, Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI), Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
- Shapley, Lloyd S & Shubik, Martin, 1969.
"Pure Competition, Coalitional Power, and Fair Division,"
International Economic Review,
Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 10(3), pages 337-62, October.
- Shapley, Lloyd & Shubik, Martin, 2013. "Pure Competition, Coalitional Power, and Fair Division," Economic Policy, Russian Presidential Academy of National Economy and Public Administration, issue 1, pages 146-174, February.
When requesting a correction, please mention this item's handle: RePEc:rwi:repape:0456. 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: (Sabine Weiler)
If references are entirely missing, you can add them using this form.