DATE:
2012-11
UNIVERSAL IDENTIFIER: http://hdl.handle.net/11093/1147
EDITED VERSION: https://linkinghub.elsevier.com/retrieve/pii/S0165489612000431
UNESCO SUBJECT: 1207.06 Teoría de Juegos
DOCUMENT TYPE: article
ABSTRACT
We describe a coalitional value from a non-cooperative point of view, assuming coalitions are formed for the purpose of bargaining. The idea is that all the players have the same chances to make proposals. This means that players maintain their own "right to talk" when joining a coalition. The resulting value coincides with the weighted Shapley value in the game between coalitions, with weights given by the size of the coalitions. Moreover, the Harsanyi paradox (forming a coalition may be disadvantageous) disappears for convex games.