The multichoice consistent value

Citation
E. Calvo et al., The multichoice consistent value, INT J GAME, 29(2), 2000, pp. 177-188
Citations number
10
Categorie Soggetti
Economics
Journal title
INTERNATIONAL JOURNAL OF GAME THEORY
ISSN journal
00207276 → ACNP
Volume
29
Issue
2
Year of publication
2000
Pages
177 - 188
Database
ISI
SICI code
0020-7276(200007)29:2<177:TMCV>2.0.ZU;2-3
Abstract
We consider multichoice NTU games, i.e., cooperative NTU games in which pla yers call participate in the game with several levels of activity. For thes e games, we define and characterize axiomatically the multichoice consisten t value, which is a generalization of the consistent NTU value for NTU game s and of the multichoice value for multichoice TU games. Moreover, we show that this value coincides with the consistent NTU value of a replicated NTU game and we provide a probabilistic interpretation.