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  1. International Journal of Game Theory
  2. International Journal of Game Theory : Volume 46
  3. International Journal of Game Theory : Volume 46, Issue 2, May 2017
  4. Scarcity, competition, and value
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International Journal of Game Theory : Volume 46
International Journal of Game Theory : Volume 46, Issue 2, May 2017
Scarcity, competition, and value
Characterizations of perfect recall
Self-enforcing coalitions with power accumulation
Simple centrifugal incentives in spatial competition
A link between sequential semi-anonymous nonatomic games and their large finite counterparts
Hedonic coalition formation games with variable populations: core characterizations and (im)possibilities
Characterizing solution concepts in terms of common knowledge of rationality
On the equivalence of quantity competition and supply function competition with sunk costs
Competitive equilibrium and singleton cores in generalized matching problems
Strategic risk and response time across games
An axiomatic characterization of the Owen–Shapley spatial power index
P-positions in modular extensions to Nim
On the drawbacks of large committees
The preferences of Homo Moralis are unstable under evolving assortativity
Erratum to: A nonstandard characterization of sequential equilibrium, perfect equilibrium, and proper equilibrium
International Journal of Game Theory : Volume 46, Issue 1, March 2017
International Journal of Game Theory : Volume 45
International Journal of Game Theory : Volume 44
International Journal of Game Theory : Volume 43
International Journal of Game Theory : Volume 42
International Journal of Game Theory : Volume 41
International Journal of Game Theory : Volume 40
International Journal of Game Theory : Volume 39
International Journal of Game Theory : Volume 38
International Journal of Game Theory : Volume 37
International Journal of Game Theory : Volume 36
International Journal of Game Theory : Volume 35
International Journal of Game Theory : Volume 34
International Journal of Game Theory : Volume 33
International Journal of Game Theory : Volume 32
International Journal of Game Theory : Volume 31
International Journal of Game Theory : Volume 30
International Journal of Game Theory : Volume 29
International Journal of Game Theory : Volume 28
International Journal of Game Theory : Volume 27
International Journal of Game Theory : Volume 26

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Scarcity, competition, and value

Content Provider Springer Nature Link
Author Wiese, Harald Casajus, André
Copyright Year 2016
Abstract We suggest a value for finite coalitional games with transferable utility that are enriched by non-negative weights for the players. In contrast to other weighted values, players stand for types of agents and weights are intended to represent the population sizes of these types. Therefore, weights do not only affect individual payoffs but also the joint payoff. Two principles guide the behavior of this value. Scarcity: the generation of worth is restricted by the scarcest type. Competition: only scarce types are rewarded. We find that the types’ payoffs for this value coincide with the payoffs assigned by the Mertens value to their type populations in an associated infinite game.
Ending Page 310
Page Count 16
Starting Page 295
File Format PDF
ISSN 00207276
e-ISSN 14321270
Journal International Journal of Game Theory
Issue Number 2
Volume Number 46
Language English
Publisher Springer Berlin Heidelberg
Publisher Date 2016-05-12
Publisher Place Berlin, Heidelberg
Access Restriction One Nation One Subscription (ONOS)
Subject Keyword Strong monotonicity Games with infinitely many players Welfare economics Economic Theory/Quantitative Economics/Mathematical Methods Game Theory, Economics, Social and Behav. Sciences Cooperative games Mertens value Behavioral/Experimental Economics Shapley value Partnership Vector measure game TU game Operation Research/Decision Theory Lovász extension
Content Type Text
Resource Type Article
Subject Statistics and Probability Social Sciences Economics and Econometrics Statistics, Probability and Uncertainty
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