Bilateral associated game: Gain and loss in revaluation

Author:

Wang WennaORCID

Abstract

Hamiache introduces associated game to revalue each coalition’s worth, in which every coalition redefines his worth based on his own ability and the possible surpluses cooperating with other players. However, as every coin has two sides, revaluation may also bring some possible losses. In this paper, bilateral associated game will be presented by taking into account the possible surpluses and losses when revaluing the worth of a coalition. Based on different bilateral associated games, associated consistency is applied to characterize the equal allocation of non-separable costs value (EANS value) and the center-of-gravity of imputation-set value (CIS value). The Jordan normal form approach is the pivotal technique to accomplish the most important proof.

Funder

National Natural Science Foundation of China

Basic Research Program of Natural Science in Shaanxi Province of China

Publisher

Public Library of Science (PLoS)

Subject

Multidisciplinary

Reference13 articles.

1. Associated consistency and Shapley value;G Hamiache;International Journal of Game Theory,2001

2. Associated consistency and equal allocation of nonseparable costs;Y Hwang;Economic Theory,2006

3. Associated consistency characterization of two linear values for TU games by matrix approach;G Xu;Linear Algebra and its Applications,2015

4. Union negotiations: Complement-associated games;Y Hwang;Operations Research Letters,2017

5. Axiomatization for the center-of-gravity of imputation set value;G Xu;Linear Algebra and its Applications,2013

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