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Potential approach and characterizations of a Shapley value in multi-choice games

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  • Hwang, Yan-An
  • Liao, Yu-Hsien

Abstract

The main focus of this paper is on the restricted Shapley value for multi-choice games introduced by Derks and Peters [Derks, J., Peters, H., 1993. A Shapley value for games with restricted coalitions. International Journal of Game Theory 21, 351-360] and studied by Klijn et al. [Klijn, F., Slikker, M., Zazuelo, J., 1999. Characterizations of a multi-choice value. International Journal of Game Theory 28, 521-532]. We adopt several characterizations from TU game theory and reinterpret them in the framework of multi-choice games. We generalize the potential approach and show that this solution can be formulated as the vector of marginal contributions of a potential function. Also, we characterize the family of all solutions for multi-choice games that admit a potential. Further, a consistency result is reported.

Suggested Citation

  • Hwang, Yan-An & Liao, Yu-Hsien, 2008. "Potential approach and characterizations of a Shapley value in multi-choice games," Mathematical Social Sciences, Elsevier, vol. 56(3), pages 321-335, November.
  • Handle: RePEc:eee:matsoc:v:56:y:2008:i:3:p:321-335
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    References listed on IDEAS

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    1. Hans Peters & Horst Zank, 2005. "The Egalitarian Solution for Multichoice Games," Annals of Operations Research, Springer, vol. 137(1), pages 399-409, July.
    2. Hsiao, Chih-Ru & Raghavan, T E S, 1992. "Monotonicity and Dummy Free Property for Multi-choice Cooperative Games," International Journal of Game Theory, Springer;Game Theory Society, vol. 21(3), pages 301-312.
    3. José Zarzuelo & Marco Slikker & Flip Klijn, 1999. "Characterizations of a multi-choice value," International Journal of Game Theory, Springer;Game Theory Society, vol. 28(4), pages 521-532.
    4. Calvo, Emilio & Santos, Juan Carlos, 1997. "Potentials in cooperative TU-games," Mathematical Social Sciences, Elsevier, vol. 34(2), pages 175-190, October.
    5. Hart, Sergiu & Mas-Colell, Andreu, 1989. "Potential, Value, and Consistency," Econometrica, Econometric Society, vol. 57(3), pages 589-614, May.
    6. Derks, Jean & Peters, Hans, 1997. "Consistent restricted Shapley values," Mathematical Social Sciences, Elsevier, vol. 33(1), pages 75-91, February.
    7. Derks, Jean & Peters, Hans, 1993. "A Shapley Value for Games with Restricted Coalitions," International Journal of Game Theory, Springer;Game Theory Society, vol. 21(4), pages 351-360.
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    Cited by:

    1. Lange, Fabien & Grabisch, Michel, 2009. "Values on regular games under Kirchhoff's laws," Mathematical Social Sciences, Elsevier, vol. 58(3), pages 322-340, November.
    2. Yu-Hsien Liao, 2021. "Axiomatic Results for Weighted Allocation Rules under Multiattribute Situations," Mathematics, MDPI, vol. 9(6), pages 1-14, March.
    3. En-Cheng Chi & Yu-Hsien Liao, 2021. "Sustainable Usability Distribution Mechanisms under Multi-Attribute Sports Management Schemes," Sustainability, MDPI, vol. 13(3), pages 1-16, February.
    4. S. Béal & A. Lardon & E. Rémila & P. Solal, 2012. "The average tree solution for multi-choice forest games," Annals of Operations Research, Springer, vol. 196(1), pages 27-51, July.
    5. Yu-Hsien Liao, 2012. "Converse consistent enlargements of the unit-level-core of the multi-choice games," 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. 20(4), pages 743-753, December.
    6. Yu-Hsien Liao, 2009. "Dividend approach and level consistency for the Derks and Peters value," Economics Bulletin, AccessEcon, vol. 29(2), pages 1054-1062.
    7. Hsiao, Chih-Ru, 2011. "A Review on Liao’s Dissertation Entitled “The Solutions on Multi-choice Games” and Related Publications," MPRA Paper 30260, University Library of Munich, Germany.

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