Semiproportional values for TU games (Q1423702)

From MaRDI portal
Revision as of 01:40, 20 March 2024 by Openalex240319060354 (talk | contribs) (Set OpenAlex properties.)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
scientific article
Language Label Description Also known as
English
Semiproportional values for TU games
scientific article

    Statements

    Semiproportional values for TU games (English)
    0 references
    0 references
    7 March 2004
    0 references
    In the paper, non-negative cooperative games, \((N,v)\), with transferable utility are considered, where the set of all players \(N\) consists of at least 2 players, \(v\) is the characteristic function of the game, and for every coalition \(S\subseteq N\), \(v(S)\geq 0\) and \(v(S)+v(N-S)\neq 0\). For any such game, a family of semiproportional values is defined, and their properties are investigated. The payoff of a single player is calculated as a weighted sum of relative gains (or losses) achieved by the coalitions containing the player. The authors formulate and prove conditions which guarantee the values to be (a)~proportional in case of 2-person games, (b)~efficient, (c)~proportionally marginalist, and (d)~probabilistic. Last but not least, a bilateral probabilistic model is provided, supporting efficient semiproportional values.
    0 references
    0 references
    proportional sharing
    0 references
    probabilistic model
    0 references
    0 references