A value with incomplete communication

Authors
Citation
G. Hamiache, A value with incomplete communication, GAME ECON B, 26(1), 1999, pp. 59-78
Citations number
17
Categorie Soggetti
Economics
Journal title
GAMES AND ECONOMIC BEHAVIOR
ISSN journal
08998256 → ACNP
Volume
26
Issue
1
Year of publication
1999
Pages
59 - 78
Database
ISI
SICI code
0899-8256(199901)26:1<59:AVWIC>2.0.ZU;2-3
Abstract
The aim of this article is to present a new value of a cooperative game for the case of limited communication between players. The communication syste m we consider may be represented by a simple graph, that is, only pairwise meetings can occur and some of them are not permitted. An associated game i s defined and the value has to verify a consistency axiom. The generalizati on proposed here is different from the Myerson value, and it coincides with the Shapley value in the case of full communication. Classification Number : C71. (C) 1999 Academic Press.