A Value with Incomplete Communication

Gerard Hamiache

G.R.E.Q.A.M. from Universite Aix-Marseille III

Abstract: The aim of this paper is to present a new value of a cooperative game for the case of limited communication between players. The communication system we consider may be represented by a simple graph, that is, only pairwise meetings can occur and some of them are not permitted. An associated game is defined and the value has to verify a consistency axiom. The generalization proposed here is different from the Myerson value, and it coincides with Shapley value in the case of full communication.

Keywords: GAME; THEORY (search for similar items in EconPapers)
JEL-codes: C71 (search for similar items in EconPapers)
Pages: 34 pages
Date: 1997
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Related works:
Journal Article: A Value with Incomplete Communication (1999)
Working Paper: A Value with Incomplete Communication (1997)
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Persistent link: https://EconPapers.repec.org/RePEc:fth:aixmeq:97a22

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