On Prize Games

Authors: 
Sergiu Hart
Abstract: 

We consider the class of hyperplane coalition games (H-games): the feasible set of each coalition is a half-space, with a slope that may vary from one coalition to another. H-games have turned out in various approaches to the value of general non-transferable utility (NTU) games. In this paper we introduce a simple model -- prize games -- that generates the hyperplane games. next, we provide an axiomatization for the Maschler & Owen (1989) consistent value of H-games.

Date: 
May, 1992
Published in: 
Essays in Game Theory, N. Megiddo (ed.), Springer-Verlag (1994), 111-121
Number: 
8