Tree-connected peer group situations and peer group games

Rodica Brânzei, Vito Fragnelli () and Stef Tijs

Mathematical Methods of Operations Research, 2002, vol. 55, issue 1, 93-106

Abstract: A class of cooperative games arising from economic and operations research situations in which agents with potential individual possibilities are connected via a hierarchy within an organization is introduced. It is shown that the games in this class form a cone which lies in the intersection of convex games and monotonic veto-rich games with the leader of the organization as veto-player. Different economic situations like auctions, communication situations, sequencing situations and flow situations are related to peer group games. For peer group games classical solution concepts have nice computational properties. Copyright Springer-Verlag Berlin Heidelberg 2002

Keywords: Key words: cooperative game; peer group game; graph-restricted game; auction; JEL classification: C71. (search for similar items in EconPapers)
Date: 2002
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DOI: 10.1007/s001860200176

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