Bargaining ability,the utility of playing a game,and models of coalition formation |
| |
Authors: | Alvin E Roth |
| |
Institution: | Department of Business Administration, University of Illinois, Urbana, Illinois 61801 USA |
| |
Abstract: | A utility function for playing a given position in a game is developed as a natural extension of the utility function which defines the rewards available in the game. This function is determined by a player's opinion of his bargaining ability. A characterization of such utilities is obtained which generalizes previous results that the Shapley value and Banzhaf-Coleman index are both cardinal utility functions which reflect different bargaining abilities. The approach taken here is related to models of coalition formation. |
| |
Keywords: | |
本文献已被 ScienceDirect 等数据库收录! |
|