TWISTED DUAL GAMES AND THEIR PROPERTIES

Kensaku Kikuta ()
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Kensaku Kikuta: School of Business Administration, University of Hyogo, Gakuen-Nishi 8-2-1, Kobe 651-2197, Japan

International Game Theory Review (IGTR), 2007, vol. 09, issue 02, 285-306

Abstract: We define a duality of solutions in coalitional games that we call a twisted duality. This twisted duality extends the rule of self-duality in bankruptcy problems. After showing that the prekernel and prenucleolus exhibit twisted duality, we define a twisted reduced game property and characterize the prekernel and prenucleolus by axioms including this property. We note that the Shapley value satisfies twisted duality, and we define another twisted reduced game property by and characterize the Shapley value by axioms including this property.

Keywords: TU games; Solution-concepts; Bankruptcy games; Self-duality; Reduced game property; 91A12 (search for similar items in EconPapers)
JEL-codes: B4 C0 C6 C7 D5 D7 M2 (search for similar items in EconPapers)
Date: 2007
References: View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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DOI: 10.1142/S0219198907001400

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