Externalities and the (Pre)nucleolus in Cooperative Games

Publication date

2024-02-02T12:23:23Z

2024-02-02T12:23:23Z

2024-03-01

2024-02-02T12:23:23Z

Abstract

In most economic applications of cooperative games, externalities prevail: the worth of a coalition depends on how the other players are organized. We show that there is a unique natural way of extending the prenucleolus to games with coalitional externalities. This is in contrast to the Shapley value and the core for which many different extensions have been proposed.

Document Type

Article


Accepted version

Language

English

Publisher

Elsevier B.V.

Related items

Reproducció del document publicat a: https://doi.org/https://doi.org/10.1016/j.mathsocsci.2024.01.003

Mathematical Social Sciences, 2024, vol. 128, num.March, p. 10-15

https://doi.org/https://doi.org/10.1016/j.mathsocsci.2024.01.003

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Rights

cc-by (c) Elsevier B.V., 2024

http://creativecommons.org/licenses/by/3.0/es/

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