Skip to main navigation Skip to search Skip to main content

Potential maximizers and network formation

  • M. Slikker
  • , B. Dutta
  • , C.G.A.M. Nouweland, van den
  • , S.H. Tijs

Research output: Contribution to journal › Article › Academic › peer-review

Abstract

In this paper we study the formation of cooperation structures in superadditive cooperative TU-games. Cooperation structures are represented by hypergraphs. The formation process is modelled as a game in strategic form, where the payoffs are determined according to a weighted (extended) Myerson value. This class of solution concepts is the unique class resulting in weighted potential games. The argmax set of the weighted potential predicts the formation of the complete structure and structures payoff-equivalent to the complete structure. As by-products we obtain a representation theorem of weighted potential games in terms of weighted Shapley values and a characterization of the weighted (extended) Myerson values.
Original languageEnglish
Pages (from-to)55-70
Number of pages16
JournalMathematical Social Sciences
Volume39
Issue number1
DOIs
Publication statusPublished - 2000

Fingerprint

Dive into the research topics of 'Potential maximizers and network formation'. Together they form a unique fingerprint.

Cite this