The First Steps with Alexia, the Average Lexicographic Value

S.H. Tijs

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Abstract

The new value AL for balanced games is discussed, which is based on averaging of lexicographic maxima of the core.Exactifications of games play a special role to find interesting relations of AL with other solution concepts for various classes of games as convex games, big boss games, simplex games etc. Also exactifications are helpful to associate fully defined games to partially defined games and to develop solution concepts there.
Original languageEnglish
Place of PublicationTilburg
PublisherOperations research
Number of pages10
Volume2005-123
Publication statusPublished - 2005

Publication series

NameCentER Discussion Paper
Volume2005-123

Keywords

  • cooperative games
  • average lexicographic value
  • exact games
  • partially defined games

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