Title of article :
The consistent value of fuzzy games
Author/Authors :
Hwang، نويسنده , , Yan-Jr and Liao، نويسنده , , Yu-Hsien، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2009
Pages :
13
From page :
644
To page :
656
Abstract :
In the framework of fuzzy games, we offer an extension of the reduced game introduced by Hart and Mas-Colell, which we name the self-reduced game. According to consistency which related to the self-reduced game, we provide a definition of the consistent value which is a generalization of the Shapley value of fuzzy games. We adopt three existing concepts from coalitional game theory and reinterpret them in the framework of fuzzy games. The first one is that there exists a unique potential function and the resulting payoff vector coincides with the consistent value. Second, based on the properties of balanced contributions and consistency, we offer several axiomatizations of the consistent value. Finally, we propose a dynamic process to illustrate that the consistent value can be reached by players who start from an arbitrary efficient payoff vector and make successive adjustments.
Keywords :
Balanced contributions , Shapley value , Self-reduced game , POTENTIAL , Consistency
Journal title :
FUZZY SETS AND SYSTEMS
Serial Year :
2009
Journal title :
FUZZY SETS AND SYSTEMS
Record number :
1600830
Link To Document :
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