A Value for Directed Communication Situations

Enrique González-Arangüena (), Conrado Manuel (), Daniel Gomez () and Rene van den Brink ()
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Enrique González-Arangüena: Universidad Complutense de Madrid
Conrado Manuel: Universidad Complutense de Madrid
Daniel Gomez: Universidad Complutense de Madrid

No 08-006/1, Tinbergen Institute Discussion Papers from Tinbergen Institute

Abstract: In this paper we introduce an extension of the model of restricted communication in cooperative games as introduced in Myerson (1977) by allowing communication links to be directed and the worth of a coalition to depend on the order in which the players enter the coalition. Therefore, we model the communication network by a directed graph and the cooperative game by a generalized characteristic function as introduced in Nowak and Radzik (1994). We generalize the Myerson value for undirected (or standard) communication situations to the context of directed communication and provide two axiomatizations of this digraph Myerson value using component efficiency and either fairness or the balanced contributions property.

Keywords: Myerson value; Digraph communication situations (search for similar items in EconPapers)
JEL-codes: C71 (search for similar items in EconPapers)
Date: 2008-01-17
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Citations: View citations in EconPapers (1)

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