Title of article :
Deposit games with reinvestment
Author/Authors :
Gerwald van Gulick، نويسنده , , Peter Borm، نويسنده , , Anja De Waegenaere، نويسنده , , Ruud Hendrickx، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2010
Abstract :
In a deposit game coalitions are formed by players combining their capital. The proceeds of their investments then have to be divided among those players. The current model extends earlier work on capital deposits by allowing reinvestment of returns. Two specific subclasses of deposit games are introduced. These subclasses provide insight in two extreme cases. It is seen that each term dependent deposit game possesses a core element. Capital dependent deposit games are also shown to have a core element and even a population monotonic allocation scheme if the revenue function exhibits increasing returns to scale. Furthermore, it is shown that all superadditive games are deposit games if one allows for debt.
Keywords :
Cooperative game theory , Deposit games , Population monotonic allocation schemes , Superadditive games , Core elements
Journal title :
European Journal of Operational Research
Journal title :
European Journal of Operational Research