The V L Value for Network Games

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

Research output: Working paperDiscussion paperOther research output

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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

Fingerprint

Matrix Game
Cooperative Networks
Shapley Value
Optimal Strategy
Game
Interpretation

Keywords

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

Cite this

Hendrickx, R. L. P., Borm, P. E. M., van den Brink, J. R., & Owen, G. (2005). The V L Value for Network Games. (CentER Discussion Paper; Vol. 2005-65). Tilburg: Microeconomics.
Hendrickx, R.L.P. ; Borm, P.E.M. ; van den Brink, J.R. ; Owen, G. / The V L Value for Network Games. Tilburg : Microeconomics, 2005. (CentER Discussion Paper).
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keywords = "undirected graph, network game, proper Shapley value, matrix game, optimal strategy",
author = "R.L.P. Hendrickx and P.E.M. Borm and {van den Brink}, J.R. and G. Owen",
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Hendrickx, RLP, Borm, PEM, van den Brink, JR & Owen, G 2005 'The V L Value for Network Games' CentER Discussion Paper, vol. 2005-65, Microeconomics, Tilburg.

The V L Value for Network Games. / Hendrickx, R.L.P.; Borm, P.E.M.; van den Brink, J.R.; Owen, G.

Tilburg : Microeconomics, 2005. (CentER Discussion Paper; Vol. 2005-65).

Research output: Working paperDiscussion paperOther research output

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AB - 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.

KW - undirected graph

KW - network game

KW - proper Shapley value

KW - matrix game

KW - optimal strategy

M3 - Discussion paper

VL - 2005-65

T3 - CentER Discussion Paper

BT - The V L Value for Network Games

PB - Microeconomics

CY - Tilburg

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Hendrickx RLP, Borm PEM, van den Brink JR, Owen G. The V L Value for Network Games. Tilburg: Microeconomics. 2005. (CentER Discussion Paper).