Hellman, Ziv and Peretz, Ron (2013) Graph value for cooperative games. Department of Mathematics, London School of Economics and Political Science, London, UK.
|
PDF
Download (342Kb) | Preview |
Abstract
We suppose that players in a cooperative game are located within a graph structure, such as a social network or supply route, that limits coalition formation to coalitions along connected paths within the graph. This leads to a generalisation of the Shapley value that is studied here from an axiomatic perspective. The resulting ‘graph value’ is endogenously asymmetric, with the automorphism group of the graph playing a crucial role in determining the relative values of players.
| Item Type: | Monograph (Working Paper) |
|---|---|
| Official URL: | http://www2.lse.ac.uk/maths/home.aspx |
| Additional Information: | © 2013 The Authors |
| Library of Congress subject classification: | H Social Sciences > HB Economic Theory |
| Journal of Economic Literature Classification System: | D - Microeconomics > D4 - Market Structure and Pricing > D46 - Value Theory D - Microeconomics > D7 - Analysis of Collective Decision-Making > D72 - Economic Models of Political Processes: Rent-Seeking, Elections, Legislatures, and Voting Behavior |
| Sets: | Departments > Mathematics |
| Date Deposited: | 07 May 2013 14:07 |
| URL: | http://eprints.lse.ac.uk/50073/ |
Actions (login required)
 |
Record administration - authorised staff only |
Download statistics
Download statistics