Bidding for the Surplus : A Non-cooperative Approach to the Shapley Value
Author
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.
Other versions of this item:
- David Pérez-Castrillo & David Wettstein, "undated". "Bidding For The Surplus: A Non-Cooperative Approach To The Shapley Value," UFAE and IAE Working Papers 461.00, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
References listed on IDEAS
- Sergiu Hart & Zohar Levy, 1999.
"Efficiency Does Not Imply Immediate Agreement,"
Econometrica, Econometric Society, vol. 67(4), pages 909-912, July.
- Sergiu Hart & Zohar Levy, 1997. "Efficiency Does Not Imply Immediate Agreement," Game Theory and Information 9709001, University Library of Munich, Germany.
- Hart, Oliver & Moore, John, 1990.
"Property Rights and the Nature of the Firm,"
Journal of Political Economy, University of Chicago Press, vol. 98(6), pages 1119-1158, December.
- Oliver Hart & John Moore, 1988. "Property Rights and the Nature of the Firm," Working papers 495, Massachusetts Institute of Technology (MIT), Department of Economics.
- Hart, Oliver D. & Moore, John, 1990. "Property Rights and the Nature of the Firm," Scholarly Articles 3448675, Harvard University Department of Economics.
- Crawford, Vincent P, 1979. "A Procedure for Generating Pareto-Efficient Egalitarian-Equivalent Allocations," Econometrica, Econometric Society, vol. 47(1), pages 49-60, January.
- Dagan, Nir & Serrano, Roberto, 1998.
"Invariance and randomness in the Nash program for coalitional games,"
Economics Letters, Elsevier, vol. 58(1), pages 43-49, January.
- Nir Dagan & Roberto Serrano, 1997. "Invariance and randomness in the Nash program for coalitional games," Economics Working Papers 217, Department of Economics and Business, Universitat Pompeu Fabra.
- Nir Dagan & Roberto Serrano, 1998. "Invariance and Randomness in the Nash Program for Coalitional Games," Economic theory and game theory 006, Nir Dagan.
- Krishna, Vijay & Serrano, Roberto, 1995.
"Perfect Equilibria of a Model of N-Person Noncooperative Bargaining,"
International Journal of Game Theory, Springer;Game Theory Society, vol. 24(3), pages 259-272.
- Krishna, V. & Serrano, R., 1993. "Perfect Equilibria of a Model of N-Person Noncooperative Bargaining," Harvard Institute of Economic Research Working Papers 10, Harvard - Institute of Economic Research.
- Krishna, V. & serrano, R., 1993. "Perfect Equilibria of a Model of N-Person Noncooperative Bargaining," Papers 10-93-31, Pennsylvania State - Department of Economics.
- Perez-Castrillo J. David, 1994.
"Cooperative Outcomes through Noncooperative Games,"
Games and Economic Behavior, Elsevier, vol. 7(3), pages 428-440, November.
- Peraz-Castrillo, J., 1992. "Cooperative Outcomes Through Non-Cooperative Games," UFAE and IAE Working Papers 165.92, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
- Evans, Robert, 1997.
"Coalitional Bargaining with Competition to Make Offers,"
Games and Economic Behavior, Elsevier, vol. 19(2), pages 211-220, May.
- Evans,R., 1995. "Coalition Bargaining with Competition to Make Offers," Cambridge Working Papers in Economics 9539, Faculty of Economics, University of Cambridge.
- Faruk Gul, 1999. "Efficiency and Immediate Agreement: A Reply to Hart and Levy," Econometrica, Econometric Society, vol. 67(4), pages 913-918, July.
- Winter, Eyal, 1994. "The Demand Commitment Bargaining and Snowballing Cooperation," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 4(2), pages 255-273, March.
- Hart, Sergiu & Kurz, Mordecai, 1983. "Endogenous Formation of Coalitions," Econometrica, Econometric Society, vol. 51(4), pages 1047-1064, July.
- Perez-Castrillo, David & Wettstein, David, 2000. "Implementation of Bargaining Sets via Simple Mechanisms," Games and Economic Behavior, Elsevier, vol. 31(1), pages 106-120, April.
- Hart, Sergiu & Mas-Colell, Andreu, 1989. "Potential, Value, and Consistency," Econometrica, Econometric Society, vol. 57(3), pages 589-614, May.
- (*), Y. Stephen Chiu & Ani Dasgupta, 1998. "On implementation via demand commitment games," International Journal of Game Theory, Springer;Game Theory Society, vol. 27(2), pages 161-189.
- Thomson, William, 1988. "The Manipulability of the Shapley-Value," International Journal of Game Theory, Springer;Game Theory Society, vol. 17(2), pages 101-127.
- Maschler, M & Owen, G, 1989. "The Consistent Shapley Value for Hyperplane Games," International Journal of Game Theory, Springer;Game Theory Society, vol. 18(4), pages 389-407.
- Hart, Sergiu & Mas-Colell, Andreu, 1996.
"Bargaining and Value,"
Econometrica, Econometric Society, vol. 64(2), pages 357-380, March.
- Sergiu Hart & Andreu Mas-Colell, 1994. "Bargaining and value," Economics Working Papers 114, Department of Economics and Business, Universitat Pompeu Fabra, revised Feb 1995.
- Gul, Faruk, 1989. "Bargaining Foundations of Shapley Value," Econometrica, Econometric Society, vol. 57(1), pages 81-95, January.
- Roger B. Myerson, 1978. "Conference Structures and Fair Allocation Rules," Discussion Papers 363, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Roberto Serrano, 2005.
"Fifty years of the Nash program, 1953-2003,"
Investigaciones Economicas, Fundación SEPI, vol. 29(2), pages 219-258, May.
- Roberto Serrano, 2004. "Fifty Years of the Nash Program, 1953-2003," Working Papers 2004-20, Brown University, Department of Economics.
- Ander Perez-Orive & Andrea Caggese, 2017.
"Capital Misallocation and Secular Stagnation,"
2017 Meeting Papers
382, Society for Economic Dynamics.
- Andrea Caggese & Ander Pérez Orive, 2018. "Capital Misallocation and Secular Stagnation," Working Papers 1056, Barcelona School of Economics.
- Andrea Caggese & Ander Pérez-Orive, 2017. "Capital Misallocation and Secular Stagnation," Finance and Economics Discussion Series 2017-009, Board of Governors of the Federal Reserve System (U.S.).
- Andrea Caggese & Ander Pérez-Orive, 2018. "Capital misallocation and secular stagnation," Economics Working Papers 1637, Department of Economics and Business, Universitat Pompeu Fabra, revised Feb 2019.
- Inés Macho-Stadler & David Pérez-Castrillo & David Wettstein, 2017.
"Extensions of the Shapley value for Environments with Externalities,"
Working Papers
1002, Barcelona School of Economics.
- Ines Macho-Stadler & David Perez-Castrillo & David Wettstein, 2017. "Extensions Of The Shapley Value For Environments With Externalities," Working Papers 1716, Ben-Gurion University of the Negev, Department of Economics.
- Roberto Serrano, 2007.
"Cooperative Games: Core and Shapley Value,"
Working Papers
wp2007_0709, CEMFI.
- Roberto Serrano, 2007. "Cooperative Games: Core and Shapley Value," Working Papers 2007-11, Brown University, Department of Economics.
- Gomes, Armando & Hart, Sergiu & Mas-Colell, Andreu, 1999.
"Finite Horizon Bargaining and the Consistent Field,"
Games and Economic Behavior, Elsevier, vol. 27(2), pages 204-228, May.
- Armando Gomes & Sergiu Hart & Andreu Mas-Colell, 1997. "Finite Horizon Bargaining and the Consistent Field," Game Theory and Information 9705003, University Library of Munich, Germany.
- Armando Gomes & Sergiu Hart & Andreu Mas-Colell, 1997. "Finite horizon bargaining and the consistent field," Economics Working Papers 241, Department of Economics and Business, Universitat Pompeu Fabra.
- Yuan Ju & David Wettstein, 2009.
"Implementing cooperative solution concepts: a generalized bidding approach,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 39(2), pages 307-330, May.
- Ju, Y. & Wettstein, D., 2006. "Implementing Cooperative Solution Concepts : A Generalized Bidding Approach," Discussion Paper 2006-42, Tilburg University, Center for Economic Research.
- Yuan Ju & David Wettstein, 2006. "Implementing Cooperative Solution Concepts: a Generalized Bidding Approach," Keele Economics Research Papers KERP 2006/06, Centre for Economic Research, Keele University.
- Ju, Y. & Wettstein, D., 2006. "Implementing Cooperative Solution Concepts : A Generalized Bidding Approach," Other publications TiSEM a0415c9e-d51e-4c93-8872-8, Tilburg University, School of Economics and Management.
- Juan Vidal-Puga, 2005.
"Implementation of the Levels Structure Value,"
Annals of Operations Research, Springer, vol. 137(1), pages 191-209, July.
- Juan Vidal-Puga, 2003. "Implementation of the levels structure value," Game Theory and Information 0303006, University Library of Munich, Germany.
- Chessa, Michela & Hanaki, Nobuyuki & Lardon, Aymeric & Yamada, Takashi, 2022.
"The effect of choosing a proposer through a bidding procedure in implementing the Shapley value,"
Journal of Economic Psychology, Elsevier, vol. 93(C).
- Michela Chessa & Nobuyuki Hanaki & Aymeric Lardon & Takashi Yamada, 2022. "The effect of choosing a proposer through a bidding procedure in implementing the Shapley value," Post-Print hal-03907377, HAL.
- Michela Chessa & Nobuyuki Hanaki & Aymeric Lardon & Takashi Yamada, 2022. "The effect of choosing a proposer through a bidding procedure in implementing the Shapley value," ISER Discussion Paper 1176r, Institute of Social and Economic Research, Osaka University, revised Aug 2022.
- Chessa, Michela & Hanaki, Nobuyuki & Lardon, Aymeric & Yamada, Takashi, 2023.
"An experiment on the Nash program: A comparison of two strategic mechanisms implementing the Shapley value,"
Games and Economic Behavior, Elsevier, vol. 141(C), pages 88-104.
- Michela Chessa & Nobuyuki Hanaki & Aymeric Lardon & Takashi Yamada, 2022. "An Experiment on The Nash Program: A Comparison of Two Strategic Mechanisms Implementing the Shapley Value," ISER Discussion Paper 1175r, Institute of Social and Economic Research, Osaka University, revised Feb 2023.
- Michela Chessa & Nobuyuki Hanaki & Aymeric Lardon & Takashi Yamada, 2023. "An experiment on the Nash program: A comparison of two strategic mechanisms implementing the Shapley value," Post-Print hal-04194465, HAL.
- Michela Chessa & Nobuyuki Hanaki & Aymeric Lardon & Takashi Yamada, 2023.
"An Experiment on Demand Commitment Bargaining,"
Dynamic Games and Applications, Springer, vol. 13(2), pages 589-609, June.
- Michela Chessa & Nobuyuki Hanaki & Aymeric Lardon & Takashi Yamada, 2021. "An Experiment on Demand Commitment Bargaining," ISER Discussion Paper 1152r, Institute of Social and Economic Research, Osaka University, revised Jun 2022.
- Michela Chessa & Nobuyuki Hanaki & Aymeric Lardon & Takashi Yamada, 2022. "An Experiment on Demand Commitment Bargaining," Post-Print hal-03907381, HAL.
- Alfredo Valencia-Toledo & Juan Vidal-Puga, 2020.
"A sequential bargaining protocol for land rental arrangements,"
Review of Economic Design, Springer;Society for Economic Design, vol. 24(1), pages 65-99, June.
- Valencia-Toledo, Alfredo & Vidal-Puga, Juan, 2017. "A sequential bargaining protocol for land rental arrangements," MPRA Paper 80424, University Library of Munich, Germany.
- Valencia-Toledo, Alfredo & Vidal-Puga, Juan, 2019. "A sequential bargaining protocol for land rental arrangements," MPRA Paper 97934, University Library of Munich, Germany.
- Vidal-Puga, Juan J., 2008. "Forming coalitions and the Shapley NTU value," European Journal of Operational Research, Elsevier, vol. 190(3), pages 659-671, November.
- Michela Chessa & Nobuyuki Hanaki & Aymeric Lardon & Takashi Yamada, 2021. "An Experiment on the Nash Program: Comparing two Mechanisms Implementing the Shapley Value," GREDEG Working Papers 2021-07, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
- Perez-Castrillo, David & Wettstein, David, 2006.
"An ordinal Shapley value for economic environments,"
Journal of Economic Theory, Elsevier, vol. 127(1), pages 296-308, March.
- David Pérez-Castrillo & David Wettstein, 2003. "An Ordinal Shapley Value for Economic Environments," Working Papers 26, Barcelona School of Economics.
- David Pérez-Castrillo & David Wettstein, 2003. "An Ordinal Shapley Value for Economic Environments," UFAE and IAE Working Papers 560.03, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
- Emililo Calvo, 2004. "Single NTU-value solutions," Game Theory and Information 0405004, University Library of Munich, Germany, revised 10 Jun 2004.
- Michela Chessa & Nobuyuki Hanaki & Aymeric Lardon & Takashi Yamada, 2022. "An experiment on the Nash program: Comparing two strategic mechanisms implementing the Shapley value," ISER Discussion Paper 1175, Institute of Social and Economic Research, Osaka University.
- Ray, Debraj & Vohra, Rajiv, 2015.
"Coalition Formation,"
Handbook of Game Theory with Economic Applications,,
Elsevier.
- Debraj Ray & Rajiv Vohra, 2013. "Coalition Formation," Working Papers 2013-1, Brown University, Department of Economics.
- Joosung Lee, 2013. "Bargaining and Buyout," 2013 Papers ple701, Job Market Papers.
- Geoffroy de Clippel & Roberto Serrano, 2008.
"Marginal Contributions and Externalities in the Value,"
Econometrica, Econometric Society, vol. 76(6), pages 1413-1436, November.
- Clippel, Geoffroy de & Serrano, Roberto, 2005. "Marginal contributions and externalities in the value," UC3M Working papers. Economics we057339, Universidad Carlos III de Madrid. Departamento de EconomÃa.
- Geoffroy de Clippel & Roberto Serrano, 2005. "Marginal Contributions and Externalities in the Value," Working Papers 2005-11, Brown University, Department of Economics.
- Geoffroy de Clippel & Roberto Serrano, 2007. "Marginal contributions and externalities in the value," Working Papers 2007-04, Instituto Madrileño de Estudios Avanzados (IMDEA) Ciencias Sociales.
- René Brink & Yukihiko Funaki & Yuan Ju, 2013. "Reconciling marginalism with egalitarianism: consistency, monotonicity, and implementation of egalitarian Shapley values," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 40(3), pages 693-714, March.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jetheo:v:100:y:2001:i:2:p:274-294. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/622869 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.