[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/88160.html
   My bibliography  Save this paper

Weighted Shapley hierarchy levels values

Author

Listed:
  • Besner, Manfred
Abstract
In this paper we present a new class of values for cooperative games with level structure. We use a multi-step proceeding, suggested first in Owen (1977), applied to the weighted Shapley values. Our first axiomatization is an generalisation of the axiomatization given in Gómez-Rúa and Vidal-Puga (2011), itselves an extension of a special case of an axiomatization given in Myerson (1980) and Hart and Mas-Colell (1989) respectively by efficiency and weighted balanced contributions. The second axiomatization is completely new and extends the axiomatization of the weighted Shapley values introduced in Hart and Mas-Colell (1989) by weighted standardness for two player games and consistency. As a corollary we obtain a new axiomatization of the Shapley levels value.

Suggested Citation

  • Besner, Manfred, 2018. "Weighted Shapley hierarchy levels values," MPRA Paper 88160, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:88160
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/88160/1/MPRA_paper_88160.pdf
    File Function: original version
    Download Restriction: no
    File URL: https://mpra.ub.uni-muenchen.de/88369/1/MPRA_paper_88369.pdf
    File Function: revised version
    Download Restriction: no
    File URL: https://mpra.ub.uni-muenchen.de/93440/1/MPRA_paper_88369.pdf
    File Function: revised version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Vidal-Puga, Juan, 2012. "The Harsanyi paradox and the “right to talk” in bargaining among coalitions," Mathematical Social Sciences, Elsevier, vol. 64(3), pages 214-224.
    2. Besner, Manfred, 2018. "The weighted Shapley support levels values," MPRA Paper 87617, University Library of Munich, Germany.
    3. AUMANN, Robert J. & DREZE, Jacques H., 1974. "Cooperative games with coalition structures," LIDAM Reprints CORE 217, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    4. Gómez-Rúa, María & Vidal-Puga, Juan, 2010. "The axiomatic approach to three values in games with coalition structure," European Journal of Operational Research, Elsevier, vol. 207(2), pages 795-806, December.
    5. Winter, Eyal, 1992. "The consistency and potential for values of games with coalition structure," Games and Economic Behavior, Elsevier, vol. 4(1), pages 132-144, January.
    6. K. Michael Ortmann, 2000. "The proportional value for positive cooperative games," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 51(2), pages 235-248, April.
    7. Frank Huettner, 2015. "A proportional value for cooperative games with a coalition structure," Theory and Decision, Springer, vol. 78(2), pages 273-287, February.
    8. Winter, Eyal, 1989. "A Value for Cooperative Games with Levels Structure of Cooperation," International Journal of Game Theory, Springer;Game Theory Society, vol. 18(2), pages 227-240.
    9. Hart, Sergiu & Mas-Colell, Andreu, 1989. "Potential, Value, and Consistency," Econometrica, Econometric Society, vol. 57(3), pages 589-614, May.
    10. Calvo, Emilio & Javier Lasaga, J. & Winter, Eyal, 1996. "The principle of balanced contributions and hierarchies of cooperation," Mathematical Social Sciences, Elsevier, vol. 31(3), pages 171-182, June.
    11. María Gómez-Rúa & Juan Vidal-Puga, 2011. "Balanced per capita contributions and level structure of cooperation," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 19(1), pages 167-176, July.
    12. Barry Feldman, 2000. "The Proportional Value of a Cooperative Game," Econometric Society World Congress 2000 Contributed Papers 1140, Econometric Society.
    Full references (including those not matched with items on IDEAS)

    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.
    1. Besner, Manfred, 2018. "Two classes of weighted values for coalition structures with extensions to level structures," MPRA Paper 87742, University Library of Munich, Germany.
    2. Xun-Feng Hu, 2020. "The weighted Shapley-egalitarian value for cooperative games with a coalition structure," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 28(1), pages 193-212, April.
    3. Rong Zou & Genjiu Xu & Wenzhong Li & Xunfeng Hu, 2020. "A coalitional compromised solution for cooperative games," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 55(4), pages 735-758, December.
    4. Xun-Feng Hu, 2021. "New axiomatizations of the Owen value," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 93(3), pages 585-603, June.
    5. Besner, Manfred, 2023. "The per capita Shapley support levels value," MPRA Paper 116457, University Library of Munich, Germany.
    6. Besner, Manfred, 2017. "Weighted Shapley levels values," MPRA Paper 82978, University Library of Munich, Germany.
    7. Gómez-Rúa, María & Vidal-Puga, Juan, 2010. "The axiomatic approach to three values in games with coalition structure," European Journal of Operational Research, Elsevier, vol. 207(2), pages 795-806, December.
    8. María Gómez-Rúa & Juan Vidal-Puga, 2011. "Balanced per capita contributions and level structure of cooperation," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 19(1), pages 167-176, July.
    9. Manfred Besner, 2022. "Harsanyi support levels solutions," Theory and Decision, Springer, vol. 93(1), pages 105-130, July.
    10. Yoshio Kamijo, 2013. "The collective value: a new solution for games with coalition structures," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 21(3), pages 572-589, October.
    11. Silvia Lorenzo-Freire, 2017. "New characterizations of the Owen and Banzhaf–Owen values using the intracoalitional balanced contributions property," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 25(3), pages 579-600, October.
    12. Besner, Manfred, 2018. "Proportional Shapley levels values," MPRA Paper 87120, University Library of Munich, Germany.
    13. María Gómez-Rúa & Juan Vidal-Puga, 2014. "Bargaining and membership," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 22(2), pages 800-814, July.
    14. Besner, Manfred, 2018. "The weighted Shapley support levels values," MPRA Paper 87617, University Library of Munich, Germany.
    15. Xun-Feng Hu & Deng-Feng Li, 2021. "The Equal Surplus Division Value for Cooperative Games with a Level Structure," Group Decision and Negotiation, Springer, vol. 30(6), pages 1315-1341, December.
    16. Vidal-Puga, Juan, 2012. "The Harsanyi paradox and the “right to talk” in bargaining among coalitions," Mathematical Social Sciences, Elsevier, vol. 64(3), pages 214-224.
    17. Gustavo Bergantiños & Juan Vidal-Puga, 2005. "The Consistent Coalitional Value," Mathematics of Operations Research, INFORMS, vol. 30(4), pages 832-851, November.
    18. Barry Feldman, 2002. "A Dual Model of Cooperative Value," Game Theory and Information 0207001, University Library of Munich, Germany.
    19. Béal, Sylvain & Ferrières, Sylvain & Rémila, Eric & Solal, Philippe, 2018. "The proportional Shapley value and applications," Games and Economic Behavior, Elsevier, vol. 108(C), pages 93-112.
    20. Xun-Feng Hu & Gen-Jiu Xu & Deng-Feng Li, 2019. "The Egalitarian Efficient Extension of the Aumann–Drèze Value," Journal of Optimization Theory and Applications, Springer, vol. 181(3), pages 1033-1052, June.

    More about this item

    Keywords

    Cooperative game; Consistency; Level structure; (Weighted) Shapley (levels) value; Weighted balanced contributions;
    All these keywords.

    JEL classification:

    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    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:pra:mprapa:88160. 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: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.