A value for cooperative games with levels structure of cooperation (Q1122516)

When coalitions have been formed in a cooperative game with side payments, these coalitions may be regarded as players in a new cooperative game, and coalitions of these may be formed. The present paper develops a value for such a game with any number of levels of coalition structure. In appropriate special cases the value reduces to the Shapley value, Owen's value for prior coalition structure, or the Aumann and Drèze extension of the Shapley value.