Rotterdam Seminars Econometric Institute

Speaker(s)
Marieke Musegaas (Tilburg University, The Netherlands)
Date
Thursday, August 18, 2016
Location
Rotterdam

We introduce the model of three-valued simple games as a natural extension of simple games. We analyze the core and the Shapley value of three-valued simple games. Using the concept of vital players as an extension of veto players, the vital core is constructed and we show that the vital core is a subset of the core. The Shapley value is characterized on the class of all three-valued simple games.
As an application, we characterize the class of conflict graphs inducing simple or three-valued simple minimum coloring games. We provide an upper bound on the number of maximum cliques of conflict graphs inducing such games. Moreover, it is seen that in case of a perfect conflict graph, the core of an induced three-valued simple minimum coloring game equals the vital core.