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Type monotonic allocation schemes for a class of market games
Authors:Rodica Brânzei  Tamás Solymosi  Stef Tijs
Affiliation:(1) Faculty of Computer Science, “Alexandru Ioan Cuza” University, 11, Carol I Bd., 700483 Iasi, Romania;(2) Department of Operations Research, Corvinus University of Budapest, 1828 Budapest, Pf. 489, Hungary;(3) Center and Department of Econometrics and Operations Research, Tilburg University, P.O. Box 90153, 5000 LE Tilburg, The Netherlands
Abstract:We consider an extension of glove markets, called T-markets, characterize a family of weighted allocation rules, and define related cooperative games. For the class of T-market games we introduce a new solution concept called the type monotonic allocation scheme. It turns out that the nucleolus and the τ-value generate the same type monotonic allocation scheme with nice extra properties. Initial research for this paper was supported by the Hungarian Scientific Research Fund grant OTKA T030945. The authors thank Ruud Hendrickx for his valuable comments. Research of T. Solymosi was also supported in part by OTKA grant T046194.
Keywords:Market game  Monotonic allocation scheme   τ  -value  Nucleolus
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