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International Journal of Game Theory
Article . 1992 . Peer-reviewed
License: Springer TDM
Data sources: Crossref
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zbMATH Open
Article . 1992
Data sources: zbMATH Open
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The compromise value for NTU-games

Authors: Borm, P.E.M.; Keiding, H.; McLean, R.P.; Oortwijn, S.; Tijs, S.H.;

The compromise value for NTU-games

Abstract

The compromise value is introduced as a single-valued solution concept for NTU-games. It is shown that the compromise value coincides with the \(\tau\)-value for TU-games and with the Kalai-Smorodinsky solution for bargaining problems. In addition, the axiomatic characterizations of both the two-person Kalai-Smorodinsky solution and the \(\tau\)-value can be extended to the compromise value for large classes of NTU-games. We also present an alternative NTU-extension of the TU \(\tau\)-value (called the NTU \(\tau\)-value) which coincides with the Nash solution for two-person bargaining problems. The definition of the NTU \(\tau\)-value is analogous to that of the Shapley NTU-value. Both the compromise value and the NTU \(\tau\)-value are illustrated by means of the Roth-Shafer examples.

Country
Netherlands
Keywords

game theory, Cooperative games, Kalai-Smorodinsky solution, \(\tau\)-value, compromise value, Bargaining, Bargaining;game theory, axiomatic characterizations, NTU-games, Bargaining; game theory

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
19
Average
Top 10%
Top 10%
bronze
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