IDEAS home Printed from https://ideas.repec.org/p/cwl/cwldpp/513.html
   My bibliography  Save this paper

Value Theory without Efficiency

Author

Listed:
  • Pradeep Dubey

    (SUNY)

  • Abraham Neyman
  • Robert J. Weber

Abstract

No abstract is available for this item.

Suggested Citation

  • Pradeep Dubey & Abraham Neyman & Robert J. Weber, 1979. "Value Theory without Efficiency," Cowles Foundation Discussion Papers 513, Cowles Foundation for Research in Economics, Yale University.
    • Handle: RePEc:cwl:cwldpp:513
    Note: CFP 528.
    as

    Download full text from publisher

    File URL: https://cowles.yale.edu/sites/default/files/files/pub/d05/d0513.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Roth, Alvin, 2012. "The Shapley Value as a von Neumann-Morgenstern Utility," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 6, pages 1-9.
    2. Pradeep Dubey, 1980. "Asymptotic Semivalues and a Short Proof of Kannai’s Theorem," Mathematics of Operations Research, INFORMS, vol. 5(2), pages 267-270, May.
    3. Abraham Neyman, 1977. "Continuous Values are Diagonal," Mathematics of Operations Research, INFORMS, vol. 2(4), pages 338-342, November.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. David Housman, 2002. "Linear and symmetric allocation methods for partially defined cooperative games," International Journal of Game Theory, Springer;Game Theory Society, vol. 30(3), pages 377-404.
    2. Federico Valenciano & Annick Laruelle, 2002. "Assessment Of Voting Situations: The Probabilistic Foundations," Working Papers. Serie AD 2002-22, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    3. Annick Laruelle & Federico Valenciano, 2005. "A critical reappraisal of some voting power paradoxes," Public Choice, Springer, vol. 125(1), pages 17-41, July.
    4. Lange, Fabien & Grabisch, Michel, 2009. "Values on regular games under Kirchhoff's laws," Mathematical Social Sciences, Elsevier, vol. 58(3), pages 322-340, November.
    5. Susana López & Martha Saboya, 2009. "On the relationship between Shapley and Owen values," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 17(4), pages 415-423, December.
    6. Ciftci, B.B. & Dimitrov, D.A., 2006. "Stable Coalition Structures in Simple Games with Veto Control," Discussion Paper 2006-114, Tilburg University, Center for Economic Research.
    7. Geoffroy de Clippel & Roberto Serrano, 2008. "Marginal Contributions and Externalities in the Value," Econometrica, Econometric Society, vol. 76(6), pages 1413-1436, November.
    8. Albizuri, M. Josune & Zarzuelo, Jose M., 2004. "On coalitional semivalues," Games and Economic Behavior, Elsevier, vol. 49(2), pages 221-243, November.
    9. O'Neill, Barry & Peleg, Bezalel, 2008. "Lexicographic composition of simple games," Games and Economic Behavior, Elsevier, vol. 62(2), pages 628-642, March.
    10. Federico Valenciano & Annick Laruelle, 2004. "Bargaining, Voting, And Value," Working Papers. Serie AD 2004-17, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    11. Carreras, Francesc & Giménez, José Miguel, 2010. "Semivalues: power,potential and multilinear extensions," MPRA Paper 27620, University Library of Munich, Germany.
    12. Annick Laruelle & Federico Valenciano, 2008. "Potential, value, and coalition formation," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 16(1), pages 73-89, July.
    13. Dominik Karos, 2012. "Coalition Formation in Generalized Apex Games," Working Papers 2012.38, Fondazione Eni Enrico Mattei.
    14. Dubey, Pradeep & Einy, Ezra & Haimanko, Ori, 2005. "Compound voting and the Banzhaf index," Games and Economic Behavior, Elsevier, vol. 51(1), pages 20-30, April.
    15. Ruiz, Luis M. & Valenciano, Federico & Zarzuelo, Jose M., 1998. "The Family of Least Square Values for Transferable Utility Games," Games and Economic Behavior, Elsevier, vol. 24(1-2), pages 109-130, July.
    16. Saari, Donald G. & Sieberg, Katri K., 2001. "Some Surprising Properties of Power Indices," Games and Economic Behavior, Elsevier, vol. 36(2), pages 241-263, August.
    17. Josep Freixas, 2010. "On ordinal equivalence of the Shapley and Banzhaf values for cooperative games," International Journal of Game Theory, Springer;Game Theory Society, vol. 39(4), pages 513-527, October.
    18. Fujimoto, Katsushige & Kojadinovic, Ivan & Marichal, Jean-Luc, 2006. "Axiomatic characterizations of probabilistic and cardinal-probabilistic interaction indices," Games and Economic Behavior, Elsevier, vol. 55(1), pages 72-99, April.
    19. Pradeep Dubey & Ezra Einy & Ori Haimanko, 2003. "Compound Voting and the Banzhaf Power Index," Discussion Paper Series dp333, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
    20. Federico Valenciano & Annick Laruelle, 2003. "Potential, Value And Probability," Working Papers. Serie AD 2003-01, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    21. Rafael Amer & José Miguel giménez, 2003. "Modification of Semivalues for Games with Coalition Structures," Theory and Decision, Springer, vol. 54(3), pages 185-205, May.
    22. L. Hernández-Lamoneda & F. Sánchez-Sánchez, 2010. "Rankings and values for team games," International Journal of Game Theory, Springer;Game Theory Society, vol. 39(3), pages 319-350, July.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ehud Kalai & Roger B. Myerson, 1977. "Values of Games Without Sidepayments," Discussion Papers 267, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    2. Omer Edhan, 2012. "Representations Of Positive Projections On Lipschitz Vector," Discussion Paper Series dp624, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
    3. Casajus, André, 2014. "Potential, value, and random partitions," Economics Letters, Elsevier, vol. 125(2), pages 164-166.
    4. Le Breton, Michel & Montero, Maria & Zaporozhets, Vera, 2012. "Voting power in the EU council of ministers and fair decision making in distributive politics," Mathematical Social Sciences, Elsevier, vol. 63(2), pages 159-173.
    5. J. Keith Murnighan & Alvin E. Roth, 1978. "Large Group Bargaining in a Characteristic Function Game," Journal of Conflict Resolution, Peace Science Society (International), vol. 22(2), pages 299-317, June.
    6. André Casajus, 2010. "Another characterization of the Owen value without the additivity axiom," Theory and Decision, Springer, vol. 69(4), pages 523-536, October.
    7. Murali Agastya, 2008. "On choosing which game to play when ignorant of the rules," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 34(2), pages 297-308, February.
    8. Hubert, Franz & Orlova, Ekaterina, 2018. "Network access and market power," Energy Economics, Elsevier, vol. 76(C), pages 170-185.
    9. Abraham Neyman & Rann Smorodinsky, 2004. "Asymptotic Values of Vector Measure Games," Mathematics of Operations Research, INFORMS, vol. 29(4), pages 739-775, November.
    10. van den Brink, René & Rusinowska, Agnieszka, 2022. "The degree measure as utility function over positions in graphs and digraphs," European Journal of Operational Research, Elsevier, vol. 299(3), pages 1033-1044.
    11. Dubey, Pradeep & Neyman, Abraham, 1984. "Payoffs in Nonatomic Economies: An Axiomatic Approach," Econometrica, Econometric Society, vol. 52(5), pages 1129-1150, September.
    12. Omer Edhan, 2015. "The conic property for vector measure market games," International Journal of Game Theory, Springer;Game Theory Society, vol. 44(2), pages 377-386, May.
    13. Victor Aguiar & Roland Pongou & Jean-Baptiste Tondji, 2016. "Measuring and Decomposing the Distance to the Shapley Wage Function with Limited Data," Working Papers 1613e, University of Ottawa, Department of Economics.
    14. Maria Montero & Martin Sefton & Ping Zhang, 2008. "Enlargement and the balance of power: an experimental study," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 30(1), pages 69-87, January.
    15. Federico Valenciano & Annick Laruelle, 2003. "Potential, Value And Probability," Working Papers. Serie AD 2003-01, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    16. Omer Edhan, 2012. "Continuous Values of Market Games are Conic," Discussion Paper Series dp623, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
    17. van den Brink, René & Pintér, Miklós, 2015. "On axiomatizations of the Shapley value for assignment games," Journal of Mathematical Economics, Elsevier, vol. 60(C), pages 110-114.
    18. Swanenberg, A.J.M., 1981. "Rationing and price dynamics in a simple market-game," Other publications TiSEM 43559370-0b7a-4bd0-87ed-6, Tilburg University, School of Economics and Management.
    19. Tongseok Lim, 2021. "Hodge theoretic reward allocation for generalized cooperative games on graphs," Papers 2107.10510, arXiv.org, revised Jan 2022.
    20. René Van Den Brink & Agnieszka Rusinowska, 2023. "Degree Centrality, von Neumann-Morgenstern Expected Utility and Externalities in Networks," Documents de travail du Centre d'Economie de la Sorbonne 23012, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cwl:cwldpp:513. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Brittany Ladd (email available below). General contact details of provider: https://edirc.repec.org/data/cowleus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.