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http://hdl.handle.net/2445/187819| Title: | On convexity in cooperative games with externalities |
| Author: | Alonso-Meijide, José Mª Álvarez-Mozos, Mikel Fiestras-Janeiro, M. Gloria, 1962- Jiménez-Losada, Andrés |
| Keywords: | Externalitats (Economia) Teoria de jocs Jocs cooperatius (Matemàtica) Optimització matemàtica Externalities (Economics) Game theory Cooperative games (Mathematics) Mathematical optimization |
| Issue Date: | 1-Jul-2022 |
| Publisher: | Springer Verlag |
| Abstract: | We introduce new notions of superadditivity and convexity for games with coalitional externalities. We show parallel results to the classic ones for transferable utility games without externalities. In superadditive games the grand coalition is the most efficient organization of agents. The convexity of a game is equivalent to having non decreasing contributions to larger embedded coalitions. We also see that convex games can only have negative externalities. |
| Note: | Versió postprint del document publicat a: https://doi.org/10.1007/s00199-021-01371-8 |
| It is part of: | Economic Theory, 2022, vol. 74, p. 265-292 |
| URI: | http://hdl.handle.net/2445/187819 |
| Related resource: | https://doi.org/10.1007/s00199-021-01371-8 |
| ISSN: | 0938-2259 |
| Appears in Collections: | Articles publicats en revistes (Matemàtica Econòmica, Financera i Actuarial) |
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| File | Description | Size | Format | |
|---|---|---|---|---|
| 712588.pdf | 476.55 kB | Adobe PDF | View/Open |
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