The Chi-compromise value for non-transferable utility games

Gustavo Bergantiños and Jordi Masso

Mathematical Methods of Operations Research, 2002, vol. 56, issue 2, 269-286

Abstract: We introduce a compromise value for non-transferable utility games: the Chi-compromise value. It is closely related to the Compromise value introduced by Borm, Keiding, McLean, Oortwijn, and Tijs (1992), to the MC-value introduced by Otten, Borm, Peleg, and Tijs (1998), and to the Ω-value introduced by Bergantiños, Casas-Méndez, and Vázquez-Brage (2000). The main difference being that the maximal aspiration a player may have in the game is his maximal (among all coalitions) marginal contribution. We show that it is well defined on the class of totally essential and non-level games. We propose an extensive-form game whose subgame perfect Nash equilibrium payoffs coincide with the Chi-compromise value. Copyright Springer-Verlag Berlin Heidelberg 2002

Keywords: Key words: NTU game; compromise value (search for similar items in EconPapers)
Date: 2002
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DOI: 10.1007/s001860200193

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