Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/88749
Authors: 
Belau, Julia
Year of Publication: 
2013
Series/Report no.: 
Ruhr Economic Papers 456
Abstract: 
A well known and simple game to model markets is the glove game where worth is produced by building matching pairs. For glove games, different concepts, like the Shapley value, the restricted Shapley value or the Owen value, yield diff erent distributions of worth. Moreover, computational effort of these values is in general very high. This paper provides efficient allocation formulas of the component restricted Shapley value and the Owen value for glove games in case of efficient coalitions.
Subjects: 
glove game
imbalanced market
Shapley value
Owen value
efficiency
computational complexity
JEL: 
C71
Persistent Identifier of the first edition: 
ISBN: 
978-3-86788-515-7
Document Type: 
Working Paper

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