Dividends and weighted values in games with externalities


Autoria(s): Macho Stadler, Inés; Pérez Castrillo, David; Wettstein, David
Contribuinte(s)

Universitat Autònoma de Barcelona. Unitat de Fonaments de l'Anàlisi Econòmica

Institut d'Anàlisi Econòmica

Data(s)

16/12/2008

Resumo

We consider cooperative environments with externalities (games in partition function form) and provide a recursive definition of dividends for each coalition and any partition of the players it belongs to. We show that with this definition and equal sharing of these dividends the averaged sum of dividends for each player, over all the coalitions that contain the player, coincides with the corresponding average value of the player. We then construct weighted Shapley values by departing from equal division of dividends and finally, for each such value, provide a bidding mechanism implementing it.

Formato

18

234766 bytes

application/pdf

Identificador

http://hdl.handle.net/2072/12866

Idioma(s)

eng

Relação

Working papers; 758.08

Direitos

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Palavras-Chave #Dividends
Tipo

info:eu-repo/semantics/workingPaper