Difference between the position value and the Myerson value is due to the existence of coalition structures |
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| Authors: | Takumi Kongo |
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| Institution: | 1. Graduate School of Economics, Waseda University, 1-6-1, Nishi-Waseda, Shinjuku-ku, Tokyo, 169-8050, Japan
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| Abstract: | The study characterizes the position value and the Myerson value for communication situations. Each of these two values is represented by the Shapley value of a modified game obtained from the original communication situation. The difference between the two values comes from the existence of a coalition structure in the modified game. |
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