EXTERNALITIES, POTENTIAL, VALUE AND CONSISTENCY

Bhaskar Dutta, Lars Ehlers and Anirban Kar
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Anirban Kar: Department of Economics, Delhi School of Economics, Delhi, India

No 168, Working papers from Centre for Development Economics, Delhi School of Economics

Abstract: We provide new characterization results for the value of games in partition function form. In particular, we use the potential of a game to define the value. We also provide a characterization of the class of values which satis es one form of reduced game consistency.

Keywords: Shapley value; potential; consistency; games in partition function form. (search for similar items in EconPapers)
Pages: 35 pages
Date: 2008-07
New Economics Papers: this item is included in nep-gth
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Citations: View citations in EconPapers (3)

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Related works:
Journal Article: Externalities, potential, value and consistency (2010)
Working Paper: Externalities, Potential, Value and Consistency (2008)
Working Paper: Externalities, Potential, Value and Consistency (2008)
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