Cooperative Games Arising from Information Sharing Situations
CentER Discussion Paper No. 2000-42
11 Pages Posted: 5 Dec 2000
Date Written: April 2000
Relations are established between information sharing (IS) situations and IS?games on one hand and information collecting (IC) situations and IC?games on the other hand. It is shown that IC?games can be obtained as convex combinations of so-called local games. Properties are described which IC?games possess if all related local games have the respective properties. Special attention is paid to the classes of convex IC?games and of k?concave IC?games. This last class turns out to consist of total big boss games. For the class of total big boss games a new solution concept is introduced: bi?monotonic allocation schemes.
Keywords: cooperative games, information, big boss games, bi-monotonic allocation scheme
JEL Classification: C71, D89
Suggested Citation: Suggested Citation