TY - BOOK
T1 - Endogenous formation of cooperation structure in TU games with major player
AU - Khmelnitskaya, Anna Borisovna
AU - Parilina, Elena
AU - Sedakov, Artem
PY - 2018/2
Y1 - 2018/2
N2 - Our main goal is to provide comparative analysis of several procedures for endogenous dynamic formation of the cooperation structure in TU games with a major player. In the paper we consider both approaches to endogenous graph formation, of Aumann and Myerson (1988), and of Petrosyan and Sedakov (2014). For the evaluation of the pros and cons when adding of a new link is in question, along with the Myerson value we consider also the average tree solution introduced by Herings, van der Laan, Talman and Yang (2010) and the centrality rewarding Shapley and Myerson values, recently introduced by Khmelnitskaya, van der Laan and Talman (2016).
AB - Our main goal is to provide comparative analysis of several procedures for endogenous dynamic formation of the cooperation structure in TU games with a major player. In the paper we consider both approaches to endogenous graph formation, of Aumann and Myerson (1988), and of Petrosyan and Sedakov (2014). For the evaluation of the pros and cons when adding of a new link is in question, along with the Myerson value we consider also the average tree solution introduced by Herings, van der Laan, Talman and Yang (2010) and the centrality rewarding Shapley and Myerson values, recently introduced by Khmelnitskaya, van der Laan and Talman (2016).
KW - Graph games;
KW - Myerson value
KW - Average tree solution
KW - Centrality re- warding Shapley value
KW - Graph formation
KW - Subgame perfect equilibrium
M3 - Report
T3 - TW-Memoranda
BT - Endogenous formation of cooperation structure in TU games with major player
PB - University of Twente
ER -