ISSN:
1432-5217
Keywords:
1991 Mathematics Subject Classification: 90D12
;
Key words: Union stable systems, conference game, position value
Source:
Springer Online Journal Archives 1860-2000
Topics:
Mathematics
,
Economics
Notes:
Abstract. In this paper, we study the position value for games in which partial cooperation exist, that is based on a union stable coalition system. The concept of basis is introduced for these systems, allowing for a definition of the position value. Moreover, an axiomatic characterization of the position value is provided for a specific class of union stable systems. Conditions under which convexity is inherited from the underlying game to the conference game, and the position value is a core vector of the restricted game are provided.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1007/s001860000060
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