A Null-Player Axiom for the Myerson Value in Partition Function form Games: A Note
Joss Sánchez-Pérez ()
Additional contact information
Joss Sánchez-Pérez: Facultad de EconomÃa, Universidad Autónoma de, San Luis PotosÃ, Av. Pintores s/n, Col. B. del Estado, 78213 San Luis PotosÃ, México
International Game Theory Review (IGTR), 2025, vol. 27, issue 02, 1-19
Abstract:
In this work, we explore solutions for partition function form games, where our basic approach is rooted in a concept of null player, derived directly from the carrier concept of Myerson [(1977) Int. J. Game Theory 6(1), 23–31]. We then show that the Myerson value cannot be characterized with the standard translation of Shapley’s axioms of linearity, symmetry, efficiency and null-player to partition function form games. Instead, we provide an axiomatic characterization for the family of solutions for partition function form games satisfying those axioms, and we show that every such solution is a linear combination of specific marginal contributions of players.
Keywords: Partition function form games; Myerson value; Shapley value; marginal contributions; null players (search for similar items in EconPapers)
JEL-codes: C02 C71 (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:
Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S021919892550001X
Access to full text is restricted to subscribers
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:wsi:igtrxx:v:27:y:2025:i:02:n:s021919892550001x
Ordering information: This journal article can be ordered from
DOI: 10.1142/S021919892550001X
Access Statistics for this article
International Game Theory Review (IGTR) is currently edited by David W K Yeung
More articles in International Game Theory Review (IGTR) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().