EconPapers    
Economics at your fingertips  
 

Generating Empirical Core Size Distributions of Hedonic Games Using a Monte Carlo Method

Andrew J. Collins, Sheida Etemadidavan () and Wael Khallouli ()
Additional contact information
Andrew J. Collins: Department of Engineering Management & Systems Engineering, Batten College of Engineering & Technology, Old Dominion University, 2101 Engineering Systems Building, Norfolk, VA 23529, USA
Sheida Etemadidavan: Department of Engineering Management & Systems Engineering, Batten College of Engineering & Technology, Old Dominion University, 2101 Engineering Systems Building, Norfolk, VA 23529, USA
Wael Khallouli: Department of Engineering Management & Systems Engineering, Batten College of Engineering & Technology, Old Dominion University, 2101 Engineering Systems Building, Norfolk, VA 23529, USA

International Game Theory Review (IGTR), 2022, vol. 24, issue 03, 1-28

Abstract: Hedonic games have gained popularity over the last two decades, leading to several research articles that have used analytical methods to understand their properties better. In this paper, a Monte Carlo method, a numerical approach, is used instead. Our method includes a technique for representing, and generating, random hedonic games. We were able to create and solve, using core stability, millions of hedonic games with up to 16 players. Empirical distributions of the hedonic games’ core sizes were generated, using our results, and analyzed for games of up to 13 players. Results from games of 14–16 players were used to validate our research findings. Our results indicate that core partition size might follow the gamma distribution for games with a large number of players.

Keywords: Cooperative game theory; hedonic games; Monte Carlo methods; core partition; core stability (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S0219198922500013
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:wsi:igtrxx:v:24:y:2022:i:03:n:s0219198922500013

Ordering information: This journal article can be ordered from

DOI: 10.1142/S0219198922500013

Access Statistics for this article

International Game Theory Review (IGTR) is currently edited by David W K Yeung

More articles in International Game Theory Review (IGTR) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().

 
Page updated 2025-03-20
Handle: RePEc:wsi:igtrxx:v:24:y:2022:i:03:n:s0219198922500013