A proportional value for cooperative games with a coalition structure

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TitreA proportional value for cooperative games with a coalition structure
Type de publicationJournal Article
Year of Publication2015
AuteursHuettner F
JournalTHEORY AND DECISION
Volume78
Pagination273-287
Date PublishedFEB
Type of ArticleArticle
ISSN0040-5833
Mots-clésconsistency, Owen value, Proportional value, Shapley value
Résumé

We introduce a solution concept for cooperative games with transferable utility and a coalition structure that is proportional for two-player games. Our value is obtained from generalizing a proportional value for cooperative games with transferable utility (Ortmann 2000) in a way that parallels the extension of the Shapley value to the Owen value. We provide two characterizations of our solution concept, one that employs a property that can be seen as the proportional analog to Myerson's balanced contribution property; and a second one that relies on a consistency property.

DOI10.1007/s11238-014-9420-9