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The Banzhaf value and communication situations

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  • J.M. Alonso‐Meijide
  • M.G. Fiestras‐Janeiro

Abstract

Myerson 3 and 4 proposed and characterized a modification of the Shapley value in the context of communication situations. In this paper we propose several characterizations of the extension of the Banzhaf value proposed by Owen 7 to communication situations. In particular we characterize this value with the properties of fairness, isolation, and pairwise merging. © 2006 Wiley Periodicals, Inc. Naval Research Logistics, 2006

Suggested Citation

  • J.M. Alonso‐Meijide & M.G. Fiestras‐Janeiro, 2006. "The Banzhaf value and communication situations," Naval Research Logistics (NRL), John Wiley & Sons, vol. 53(3), pages 198-203, April.
    • Handle: RePEc:wly:navres:v:53:y:2006:i:3:p:198-203
    DOI: 10.1002/nav.20132
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    References listed on IDEAS

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    1. Borm, P.E.M. & Owen, G. & Tijs, S.H., 1992. "On the position value for communication situations," Other publications TiSEM 5a8473e4-1df7-42df-ad53-f, Tilburg University, School of Economics and Management.
    2. Guillermo Owen, 1975. "Multilinear extensions and the banzhaf value," Naval Research Logistics Quarterly, John Wiley & Sons, vol. 22(4), pages 741-750, December.
    3. Feltkamp, Vincent, 1995. "Alternative Axiomatic Characterizations of the Shapley and Banzhaf Values," International Journal of Game Theory, Springer;Game Theory Society, vol. 24(2), pages 179-186.
    4. Roger B. Myerson, 1977. "Graphs and Cooperation in Games," Mathematics of Operations Research, INFORMS, vol. 2(3), pages 225-229, August.
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