Notes on a new compromise value: The <inf>x</inf>-value

G. Bergantiños, J. Massó

Research output: Contribution to journalArticleResearchpeer-review

8 Citations (Scopus)

Abstract

We introduce and study a new compromise value for all weakly essential transferable utility games: the x-value. It is closely related to the τ-value defined by Tijs in 1981. The main difference being the way we define the maximal aspiration a player may have in the game: instead of considering the marginal contribution to the grand coalition, we consider his maximal (among all coalitions) marginal contribution. We show that the class of games where the new value can be applied is larger.
Original languageEnglish
Pages (from-to)277-286
JournalOptimization
Volume38
Issue number3
DOIs
Publication statusPublished - 1 Jan 1996

Keywords

  • Compromise value
  • Games
  • Marginal contributions
  • TU-games

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