Title | ||
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On weighted Kalai–Samet solutions for non-transferable utility coalitional form games |
Abstract | ||
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We investigate the implications of the axiom of coalitional concavity for non-transferable utility coalitional form games. This axiom says that if the feasible set of some coalition is uncertain whereas the feasible sets of other coalitions are known, then all players in the coalition with the uncertain feasible set should (weakly) benefit from reaching a compromise before the uncertainty is resolved. By imposing this axiom, in addition to other minor axioms, we characterize the weighted Kalai–Samet [Econometrica 53 (1985) 307] solutions: these solutions coincide with the weighted egalitarian solutions on the domain of bargaining problems, and with the weighted Shapley values on the domain of transferable utility coalitional form games. |
Year | DOI | Venue |
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2004 | 10.1016/S0899-8256(03)00182-9 | Games and Economic Behavior |
Keywords | Field | DocType |
NTU games,Weighted Kalai–Samet solutions,Axiomatic approach,Coalitional concavity | Welfare economics,Mathematical economics,Mathematical optimization,Economics,Axiomatic system,Axiom,Feasible region,Transferable utility,Compromise | Journal |
Volume | Issue | ISSN |
47 | 2 | 0899-8256 |
Citations | PageRank | References |
0 | 0.34 | 0 |
Authors | ||
1 |
Name | Order | Citations | PageRank |
---|---|---|---|
Youngsub Chun | 1 | 94 | 20.80 |