### Abstract

Language | Undefined |
---|---|

Place of Publication | Enschede |

Publisher | University of Twente, Department of Applied Mathematics |

Number of pages | 18 |

State | Published - May 2012 |

### Publication series

Name | Memorandum / Department of Applied Mathematics |
---|---|

Publisher | University of Twente, Department of Applied Mathematics |

No. | 1981 |

ISSN (Print) | 1874-4850 |

ISSN (Electronic) | 1874-4850 |

### Keywords

- IR-80404
- METIS-289643
- JEL-C71
- EWI-21864
- TU game
- Stability
- Myerson value
- Directed communication structure
- Marginal contribution vector
- Average tree solution

### Cite this

*The average covering tree value for directed graph games*. (Memorandum / Department of Applied Mathematics; No. 1981). Enschede: University of Twente, Department of Applied Mathematics.

}

*The average covering tree value for directed graph games*. Memorandum / Department of Applied Mathematics, no. 1981, University of Twente, Department of Applied Mathematics, Enschede.

**The average covering tree value for directed graph games.** / Khmelnitskaya, Anna Borisovna; Selcuk, Özer; Talman, Dolf.

Research output: Book/Report › Report

TY - BOOK

T1 - The average covering tree value for directed graph games

AU - Khmelnitskaya,Anna Borisovna

AU - Selcuk,Özer

AU - Talman,Dolf

PY - 2012/5

Y1 - 2012/5

N2 - We introduce a single-valued solution concept, the so-called average covering tree value, for the class of transferable utility games with limited communication structure represented by a directed graph. The solution is the average of the marginal contribution vectors corresponding to all covering trees of the directed graph. The covering trees of a directed graph are those (rooted) trees on the set of players that preserve the dominance relations between the players prescribed by the directed graph. The average covering tree value is component efficient and under a particular convexity-type condition is stable. For transferable utility games with complete communication structure the average covering tree value equals to the Shapley value of the game. If the graph is the directed analog of an undirected graph the average covering tree value coincides with the gravity center solution.

AB - We introduce a single-valued solution concept, the so-called average covering tree value, for the class of transferable utility games with limited communication structure represented by a directed graph. The solution is the average of the marginal contribution vectors corresponding to all covering trees of the directed graph. The covering trees of a directed graph are those (rooted) trees on the set of players that preserve the dominance relations between the players prescribed by the directed graph. The average covering tree value is component efficient and under a particular convexity-type condition is stable. For transferable utility games with complete communication structure the average covering tree value equals to the Shapley value of the game. If the graph is the directed analog of an undirected graph the average covering tree value coincides with the gravity center solution.

KW - IR-80404

KW - METIS-289643

KW - JEL-C71

KW - EWI-21864

KW - TU game

KW - Stability

KW - Myerson value

KW - Directed communication structure

KW - Marginal contribution vector

KW - Average tree solution

M3 - Report

T3 - Memorandum / Department of Applied Mathematics

BT - The average covering tree value for directed graph games

PB - University of Twente, Department of Applied Mathematics

CY - Enschede

ER -