Compensation rules for multi-stage sequencing games

Imma Curiel ()

Annals of Operations Research, 2015, vol. 225, issue 1, 65-82

Abstract: This paper focuses on compensation rules for multi-stage sequencing games. These rules distribute the implicit losses and gains when the players move from one stage of a multi-stage sequencing game to a subsequent stage. They are necessary because allocation rules that yield core elements for the games in each stage are not guaranteed to yield core elements for the multi-stage game. Three approaches to find compensation rules that yield core elements are studied. Two compensation rules that lead to stable division rules for multi-stage sequencing games are found as a result of these approaches. Axiomatic characterizations of these division rules are discussed. Copyright Springer Science+Business Media New York 2015

Keywords: Multi-stage sequencing game; Compensation rule; Core (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://hdl.handle.net/10.1007/s10479-013-1432-2 (text/html)
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:spr:annopr:v:225:y:2015:i:1:p:65-82:10.1007/s10479-013-1432-2

Ordering information: This journal article can be ordered from
http://www.springer.com/journal/10479

DOI: 10.1007/s10479-013-1432-2

Access Statistics for this article

Annals of Operations Research is currently edited by Endre Boros

More articles in Annals of Operations Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().