On robustness and dynamics in (un)balanced coalitional games

Bauso, Dario and Timmer, Judith (2012) On robustness and dynamics in (un)balanced coalitional games. Automatica, 48 (10). pp. 2592-2596. ISSN 0005-1098

PDF
Restricted to UT campus only: Request a copy
396Kb

Abstract:	In this paper we investigate robustness and dynamics for coalitional games with transferable utilities (TU games). In particular we study sequences of TU games. These sequences model dynamic situations in which the values of coalitions of players are not known beforehand, and are subject to changes over time. An allocation rule assigns a payoff to each player in each time period. This payoff is bounded by external restrictions, for example due to contractual agreements. Our main questions are: (i) under which conditions do the allocations converge to a core-element of the game, and (ii) when do the allocations converge to some specific allocation, the so-called nominal allocation? The main contribution of this paper is a design method for allocation rules that return solutions in the core or $\varepsilon$ -core of the game under delayed information on the coalitions’ values, and therefore the resulting allocation rule is called robust.
Item Type:	Article
Copyright:	© 2012 Elsevier
Faculty:	Electrical Engineering, Mathematics and Computer Science (EEMCS)
Research Group:	Stochastic Operations Research (SOR)
Link to this item:	http://purl.utwente.nl/publications/81399
Official URL:	http://dx.doi.org/10.1016/j.automatica.2012.06.057
Export this item as:	BibTeX EndNote HTML Citation Reference Manager

Show download statistics for this publication

Repository Staff Only: item control page

Metis ID: 287968