Scientific Library of Tomsk State University

   E-catalog        

Normal view MARC view

The Pre-Kernel as a Tractable Solution for Cooperative Games electronic resource An Exercise in Algorithmic Game Theory / by Holger Ingmar Meinhardt.

By: Meinhardt, Holger Ingmar [author.]Contributor(s): SpringerLink (Online service)Material type: TextTextSeries: Theory and Decision Library C, Game Theory, Social Choice, Decision Theory, and OptimizationPublication details: Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Springer, 2014Description: XXXIII, 242 p. 8 illus., 3 illus. in color. online resourceContent type: text Media type: computer Carrier type: online resourceISBN: 9783642395499Subject(s): Economics | Computer Science | mathematics | Economics, Mathematical | Economics/Management Science | Game Theory/Mathematical Methods | Game Theory, Economics, Social and Behav. Sciences | economic theory | Math Applications in Computer ScienceDDC classification: 330.0151 | 330 LOC classification: HB144Online resources: Click here to access online
Contents:
Introduction -- Some Solution Schemes and Game Properties -- The Shapley Value and (Pre-Kernel) as a Fairness Concept -- Fair Division in Cournot Markets -- Some Preliminary Results -- A Pre-Kernel Characterization and Orthogonal Projection -- Characterization of the Pre-Kernel by Solution Sets -- Algorithms for Computing the Pre-Kernel -- An Upper Dimension Bound of the Pre-Kernel -- Concluding Remarks.
In: Springer eBooksSummary: This present book provides an alternative approach to study the pre-kernel solution of transferable utility games based on a generalized conjugation theory from convex analysis. Although the pre-kernel solution possesses an appealing axiomatic foundation that lets one consider this solution concept as a standard of fairness, the pre-kernel and its related solutions are regarded as obscure and too technically complex to be treated as a real alternative to the Shapley value. Comprehensible and efficient computability is widely regarded as a desirable feature to qualify a solution concept apart from its axiomatic foundation as a standard of fairness. We review and then improve an approach to compute the pre-kernel of a cooperative game by the indirect function. The indirect function is known as the Fenchel-Moreau conjugation of the characteristic function. Extending the approach with the indirect function, we are able to characterize the pre-kernel of the grand coalition simply by the solution sets of a family of quadratic objective functions.
Tags from this library: No tags from this library for this title. Log in to add tags.
No physical items for this record

Introduction -- Some Solution Schemes and Game Properties -- The Shapley Value and (Pre-Kernel) as a Fairness Concept -- Fair Division in Cournot Markets -- Some Preliminary Results -- A Pre-Kernel Characterization and Orthogonal Projection -- Characterization of the Pre-Kernel by Solution Sets -- Algorithms for Computing the Pre-Kernel -- An Upper Dimension Bound of the Pre-Kernel -- Concluding Remarks.

This present book provides an alternative approach to study the pre-kernel solution of transferable utility games based on a generalized conjugation theory from convex analysis. Although the pre-kernel solution possesses an appealing axiomatic foundation that lets one consider this solution concept as a standard of fairness, the pre-kernel and its related solutions are regarded as obscure and too technically complex to be treated as a real alternative to the Shapley value. Comprehensible and efficient computability is widely regarded as a desirable feature to qualify a solution concept apart from its axiomatic foundation as a standard of fairness. We review and then improve an approach to compute the pre-kernel of a cooperative game by the indirect function. The indirect function is known as the Fenchel-Moreau conjugation of the characteristic function. Extending the approach with the indirect function, we are able to characterize the pre-kernel of the grand coalition simply by the solution sets of a family of quadratic objective functions.

There are no comments on this title.

to post a comment.
Share