Additional properties of the owen value

Oliver Juarez-Romero; William Olvera-Lopez; Francisco Sanchez-Sanchez

doi:10.1007/978-3-319-32543-9_10

Additional properties of the owen value

Oliver Juarez-Romero, William Olvera-Lopez, Francisco Sanchez-Sanchez

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

Abstract

In this work we present two properties of coalitional values for games with coalitional structure. The main goal of the paper is to prove that the Owen value satisfies these properties, which are related to a gain game and a lost game. The satisfaction of these properties provides a greater stability for this value because it is immune to a possible manipulation given by these games.

Original language	English
Title of host publication	Trends in Mathematical Economics
Subtitle of host publication	Dialogues Between Southern Europe and Latin America
Publisher	Springer International Publishing
Pages	209-216
Number of pages	8
ISBN (Electronic)	9783319325439
ISBN (Print)	9783319325415
DOIs	https://doi.org/10.1007/978-3-319-32543-9_10
State	Published - 30 Jul 2016
Externally published	Yes

Keywords

Coalitional structures
Cooperative games
Gain and lost games
Manipulability
Owen value
Shapley value
Stability

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10.1007/978-3-319-32543-9_10

Cite this

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AU - Olvera-Lopez, William

AU - Sanchez-Sanchez, Francisco

PY - 2016/7/30

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N2 - In this work we present two properties of coalitional values for games with coalitional structure. The main goal of the paper is to prove that the Owen value satisfies these properties, which are related to a gain game and a lost game. The satisfaction of these properties provides a greater stability for this value because it is immune to a possible manipulation given by these games.

AB - In this work we present two properties of coalitional values for games with coalitional structure. The main goal of the paper is to prove that the Owen value satisfies these properties, which are related to a gain game and a lost game. The satisfaction of these properties provides a greater stability for this value because it is immune to a possible manipulation given by these games.

KW - Coalitional structures

KW - Cooperative games

KW - Gain and lost games

KW - Manipulability

KW - Owen value

KW - Shapley value

KW - Stability

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SP - 209

EP - 216

BT - Trends in Mathematical Economics

PB - Springer International Publishing

ER -

Additional properties of the owen value

Abstract

Keywords

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