4.6 Article

Extension of owen value for the game with a coalition structure under the limited feasible coalition

Journal

SOFT COMPUTING
Volume 25, Issue 8, Pages 6139-6156

Publisher

SPRINGER
DOI: 10.1007/s00500-021-05604-9

Keywords

Game theory; Coalition structure; Owen value; Limited feasible coalition

Funding

  1. National Natural Science Foundation of China [71801016]
  2. Great Wall Scholars Training Program [CIT tcd20180319]

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This paper introduces a cooperative game with a coalition structure under limited feasible coalitions, and presents two methods for solving the IFCS game - defining Limited Owen value by known values and providing a q-probabilistic value based on distribution matrices of players, with various axioms characterizing these values. Additionally, unknown coalition values are estimated to make Owen value usable, transforming IFCS game into coalition structures cooperative games. Finally, the relationship between the two methods is discussed.
In a cooperative game with a coalition structure, it is assumed that all the profits of feasible coalitions can be obtained. Before the cooperation relationship was formed, the profit for a single priori union (i.e., firm) could be obtained based on the former cooperation history. However, it is difficult to get the feasible coalition worth among multiple firms. Hence, a cooperative game with a coalition structure under the limited feasible coalition (IFCS game) is defined. For the solution of IFCS game, two different methods are used. Firstly, a Limited Owen value is defined by known values, and a generalized extension of Limited Owen value (i.e., q-probabilistic value) is given by distribution matrices of players. Some axioms are used to characterize Limited Owen and q-probabilistic value, such as I-Efficiency, I-Symmetric within coalitions, I-Symmetric across coalitions, I-Null player property, I-Linearity, I-Null coalition property and I-Proportionality. In the second solution, unknown coalition values are also estimated to make Owen value usable. By defining the lower and upper limit values of IFCS game, IFCS game is transformed into the coalition structures cooperative games. An interval Owen value is represented by the lower and upper limit values of IFCS game, which is a range of all the possible Owen values. Finally, the relationship between two methods is discussed

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