Arbitration, Fairness and Stability: Revenue Division in Collaborative Settings

Download or read book Arbitration, Fairness and Stability: Revenue Division in Collaborative Settings written by Yair Zick and published by Lulu.com. This book was released on 2015-07-03 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study the problem of dividing revenue among several collaborative entities. In our setting, each player possesses a finite amount of some divisible resource, and may allocate parts of his resource in order to work on various projects. Having completed tasks and generated profits, players must agree on some way of dividing profits among them. Using the overlapping coalition formation (OCF) model, we develop a model for handling deviation in OCF games, and propose several new solution concepts for OCF games. All of the solution concepts we propose draw strong similarities to their non-OCF counterparts, and in fact contain the classic cooperative solution concepts as a special case.