Efficiency and collusion neutrality in cooperative games and networks

B-Tier
Journal: Games and Economic Behavior
Year: 2012
Volume: 76
Issue: 1
Pages: 344-348

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In the literature various axiomatizations of the Shapley and Banzhaf value can be found where the only difference is the Shapley value satisfying efficiency and the Banzhaf value satisfying collusion neutrality. Both properties seem to be desirable. In this paper, we show that there is no solution satisfying efficiency, collusion neutrality and the null player property. After that we show that this impossibility is resolved when cooperation among players is restricted by a cycle-free communication network such that only connected coalitions are feasible. In particular, all hierarchical outcomes introduced by Demange (2004) and their convex combinations satisfy these three properties.

Technical Details

RePEc Handle
repec:eee:gamebe:v:76:y:2012:i:1:p:344-348
Journal Field
Theory
Author Count
1
Added to Database
2026-01-29