TY  - RPRT
U1  - Arbeitspapier
A1  - Casajus, André
A1  - Wiese, Harald
T1  - Scarcity, competition, and value
T2  - HHL Working paper
N2  - We suggest a value for finite coalitional games with transferable utility that are enriched by non-negative weights for the players. In contrast to other weighted values, players stand for types of agents and weights are intended to represent the population sizes of these types. Therefore, weights do not only affect individual payoffs but also the joint payoff. Two principles guide the behavior of this value. Scarcity: The generation of worth is restricted by the scarcest type. Competition: Only scarce types are rewarded. We find that the types’ payoffs for this value coincide with the payoffs assigned by the Mertens value to their type populations in an associated infinite game.
T3  - HHL-Arbeitspapier / HHL Working paper - 143 
KW  - TU game
KW  - Shapley value
KW  - Lovász extension
KW  - Strong monotonicity
KW  - Partnership
KW  - Vector measure game
KW  - Mertens value
Y1  - 2015
SP  - 14
S1  - 14
PB  - HHL Leipzig Graduate School of Management
CY  - Leipzig
ER  -