Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/87495 
Year of Publication: 
2012
Series/Report no.: 
Tinbergen Institute Discussion Paper No. 12-126/II
Publisher: 
Tinbergen Institute, Amsterdam and Rotterdam
Abstract: 
It is known that peer group games are a special class of games with a permission structure. However, peer group games are also a special class of (weighted) digraph games. To be specific, they are digraph games in which the digraph is the transitive closure of a rooted tree. In this paper we first argue that some known results on solutions for peer group games hold more general for digraph games. Second, we generalize both digraph games as well as games with a permission structure into a model called games with a local permission structure, where every player needs permission from its predecessors only in order to generate worth, but does not need its predecessors in order to give permission to its own successors. We introduce and axiomatize a Shapley value type solution for these games, generalizing the conjunctive permission value for games with a permission structure and the beta-measure for weighted digraphs.
Subjects: 
Cooperative TU-game
peer group game
digraph game
game with a permission structure
local permission structure
JEL: 
C71
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

Files in This Item:
File
Size
399.92 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.