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2014 | 24 | 2 | 97-122

Article title

An application of the representations of symmetric groups to characterizing solutions of games in partition function form

Selected contents from this journal

Title variants

Languages of publication

EN

Abstracts

EN
A different perspective from the more “traditional” approaches to studying solutions of games in partition function form has been presented. We provide a decomposition of the space of such games under the action of the symmetric group, for the cases with three and four players. In particular, we identify all the irreducible subspaces that are relevant to the study of linear symmetric solutions. We then use such a decomposition to derive a characterization of the class of linear and symmetric solutions, as well as of the class of linear, symmetric and efficient solutions.

Year

Volume

24

Issue

2

Pages

97-122

Physical description

Contributors

  • Facultad de Economa, UASLP, Av. Pintores s/n, Col. B. del Estado 78213, San Luis Potos, México

References

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  • HERNÁNDEZ-LAMONEDA L., SÁNCHEZ-PÉREZ J., SÁNCHEZ-SÁNCHEZ F., The class of efficient linear symmetric values for games in partition function form, International Game Theory Review, 2009, 11 (3), 369–382.
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  • MACHO-STADLER I., PÉREZ-CASTRILLO D., WETTSTEIN D., Sharing the surplus: An extension of the Shapley value for environments with externalities, Journal of Economic Theory, 2007, 135, 339–356.
  • MYERSON R.B., Values of games in partition function form, International Journal of Game Theory, 1977, 6 (1), 23–31.
  • PHAM DO K., NORDE H., The Shapley value for partition function games, International Game Theory Review, 2007, 9 (2), 353–360.
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Document Type

Publication order reference

Identifiers

YADDA identifier

bwmeta1.element.desklight-db1c82cb-b0a4-4079-ac1b-f0f31eb8f22f
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