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The First Steps with Alexia, the Average Lexicographic Value


Stef H. Tijs


Tilburg University - Center For Economic Research; Tilburg University - Department of Econometrics & Operations Research; Università degli Studi di Genova - Dipartimento di Matematica
November 2005

CentER Discussion Paper No. 2005-123

Abstract:     
The new value AL for balanced games is discussed, which is based on averaging of lexicographic maxima of the core. Exactifications of games play a special role to find interesting relations of AL with other solution concepts for various classes of games as convex games, big boss games, simplex games etc. Also exactifications are helpful to associate fully defined games to partially defined games and to develop solution concepts there.

Number of Pages in PDF File: 9

Keywords: cooperative games, average lexicographic value, exact games, partially defined games

JEL Classification: C71

working papers series


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Date posted: December 19, 2005  

Suggested Citation

Tijs, Stef H., The First Steps with Alexia, the Average Lexicographic Value (November 2005). Available at SSRN: http://ssrn.com/abstract=870405 or http://dx.doi.org/10.2139/ssrn.870405

Contact Information

Stef H. Tijs (Contact Author)
Tilburg University - Center For Economic Research ( email )
P.O. Box 90153
B925
5000 LE Tilburg
Netherlands
+31 13 466 2348 (Phone)
Tilburg University - Department of Econometrics & Operations Research ( email )
Tilburg, 5000 LE
Netherlands
University of Genoa - Dipartimento di Matematica
Via Dodecaneso 35
16146 Genoa
Italy
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