The V L Value for Network Games

R.L.P. Hendrickx, P.E.M. Borm, J.R. van den Brink, G. Owen

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Abstract

In this paper we consider a proper Shapley value (the V L value) for cooperative network games.This value turns out to have a nice interpretation.We compute the V L value for various kinds of networks and relate this value to optimal strategies in an associated matrix game.
Original languageEnglish
Place of PublicationTilburg
PublisherMicroeconomics
Number of pages15
Volume2005-65
Publication statusPublished - 2005

Publication series

NameCentER Discussion Paper
Volume2005-65

Keywords

  • undirected graph
  • network game
  • proper Shapley value
  • matrix game
  • optimal strategy

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