Besner, Manfred (2018): Two classes of weighted values for coalition structures with extensions to level structures.
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Abstract
In this paper we introduce two new classes of weighted values for coalition structures with related extensions to level structures. The values of both classes coincide on given player sets with Harsanyi payoffs and match therefore adapted standard axioms for TU-values which are satisfied by these values. Characterizing elements of the values from the new classes are a new weighted proportionality within components property and a null player out property, but on different reduced games for each class. The values from the first class, we call them weighted Shapley alliance coalition structure values (weighted Shapley alliance levels values), satisfy the null player out property on usual reduced games. By contrast, the values from the second class, named as weighted Shapley collaboration coalition structure values (weighted Shapley collaboration levels values) have this property on new reduced games where a component decomposes in the components of the next lower level if one player of this component is removed from the game. The first class contains as a special case the Owen value (Shapley levels value) and the second class includes a new extension of the Shapley value to coalition structures (level structures) as a special case.
Item Type: | MPRA Paper |
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Original Title: | Two classes of weighted values for coalition structures with extensions to level structures |
Language: | English |
Keywords: | Cooperative game; Weighted Shapley coalition structure values; Weighted Shapley levels values; Dividends; Null player out |
Subjects: | C - Mathematical and Quantitative Methods > C7 - Game Theory and Bargaining Theory C - Mathematical and Quantitative Methods > C7 - Game Theory and Bargaining Theory > C71 - Cooperative Games |
Item ID: | 88191 |
Depositing User: | Manfred Besner |
Date Deposited: | 26 Jul 2018 12:21 |
Last Modified: | 01 Oct 2019 18:08 |
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URI: | https://mpra.ub.uni-muenchen.de/id/eprint/88191 |
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Two classes of weighted values for coalition structures with extensions to level structures. (deposited 08 Jul 2018 17:33)
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