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Hart-Mas-Colell Implementation of the Discounted Shapley Value

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Hart-Mas-Colell Implementation of the Discounted Shapley Value

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文書・図像類
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川森,智彦
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type:80 大阪経大学会「Working Paper」We consider an implementation of the discounted Shapley value. We modify the Hart–Mas-Colell model as each player discoun...

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Material Type
文書・図像類
Author/Editor
川森,智彦
Author Heading
Text Language Code
eng
Target Audience
一般
Note (General)
type:80 大阪経大学会「Working Paper」
We consider an implementation of the discounted Shapley value. We modify the Hart–Mas-Colell model as each player discounts future payoffs and proposes not only an allocation but also a coalition. We show that the discounted Shapley value is supported by any stationary subgame perfect equilibrium of the modified game such that in any subgame, the coalition that consists of all active players immediately forms. We also provide conditions for such a stationary subgame perfect equilibrium to exist.
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http://www.i-repository.net/il/user_contents/02/G0000031Repository/workingpaper/wp2014-2.pdf
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