TY - JOUR
T1 - An Owen-type value for games with two-level communication structure
AU - van den Brink, René
AU - Khmelnitskaya, Anna
AU - van der Laan, Gerard
PY - 2016
Y1 - 2016
N2 - We introduce an Owen-type value for games with two-level communication structure, which is a structure where the players are partitioned into a coalition structure such that there exists restricted communication between as well as within the a priori unions of the coalition structure. Both types of communication restrictions are modeled by an undirected communication graph. We provide an axiomatic characterization of the new value using an efficiency, two types of fairness (one for each level of the communication structure), and a new type of axiom, called fair distribution of the surplus within unions, which compares the effect of replacing a union in the coalition structure by one of its maximal connected components on the payoffs of these components. The relevance of the new value is illustrated by an example. We also show that for particular two-level communication structures the Owen value and the Aumann–Drèze value for games with coalition structure, the Myerson value for communication graph games, and the equal surplus division solution appear as special cases of this new value.
AB - We introduce an Owen-type value for games with two-level communication structure, which is a structure where the players are partitioned into a coalition structure such that there exists restricted communication between as well as within the a priori unions of the coalition structure. Both types of communication restrictions are modeled by an undirected communication graph. We provide an axiomatic characterization of the new value using an efficiency, two types of fairness (one for each level of the communication structure), and a new type of axiom, called fair distribution of the surplus within unions, which compares the effect of replacing a union in the coalition structure by one of its maximal connected components on the payoffs of these components. The relevance of the new value is illustrated by an example. We also show that for particular two-level communication structures the Owen value and the Aumann–Drèze value for games with coalition structure, the Myerson value for communication graph games, and the equal surplus division solution appear as special cases of this new value.
KW - C71
KW - Coalition structure
KW - Myerson value
KW - Communication graph
KW - TU game
KW - Owen value
UR - http://www.scopus.com/inward/record.url?eid=2-s2.0-84922985887&partnerID=MN8TOARS
U2 - 10.1007/s10479-015-1808-6
DO - 10.1007/s10479-015-1808-6
M3 - Article
VL - 243
SP - 179
EP - 198
JO - Annals of operations research
JF - Annals of operations research
SN - 0254-5330
IS - 1
ER -