Externalities, potential, value and consistency

Bhaskar Dutta, Lars Ehlers and Anirban Kar

Journal of Economic Theory, 2010, vol. 145, issue 6, 2380-2411

Abstract: We provide new characterization results for the value of games in partition function form. In particular, we use the potential of a game to define the value. We also provide a characterization of the class of values which satisfies one form of reduced game consistency.

Keywords: Shapley; value; Potential; Consistency; Games; in; partition; function; form (search for similar items in EconPapers)
Date: 2010
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (33)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0022-0531(10)00134-1
Full text for ScienceDirect subscribers only

Related works:
Working Paper: EXTERNALITIES, POTENTIAL, VALUE AND CONSISTENCY (2008)
Working Paper: Externalities, Potential, Value and Consistency (2008)
Working Paper: Externalities, Potential, Value and Consistency (2008)
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:eee:jetheo:v:145:y:2010:i:6:p:2380-2411

Access Statistics for this article

Journal of Economic Theory is currently edited by A. Lizzeri and K. Shell

More articles in Journal of Economic Theory from Elsevier
Bibliographic data for series maintained by Catherine Liu ().