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- W1999214967 abstract "Abstract This article investigates theories of payoff allocation in cooperative non-sidepayment games, that is, games where players can form coalitions and coordinate strategies but cannot redistribute payoffs via sidepayments. A labotatory experiment was conducted with 4-person, 3-strategy non-sidepayment games. The goal of this experiment was to ascertain which characteristic function, V α (S) or V β (S), provides the more accurate basis for payoff predictions from solution concepts. Predictions from each of three solution concepts (core, stable set, imputation set) were computed on the basis of both V α (S) and V β (S), making a total of six theories under test. The results showed two basic findings. First, for each of the three solutions, the prediction computed on the basis of V α (S) was more accurate than the prediction computed from V α (S). Second, the β-core was the most accurate of the six theories tested. Overall, these results support the view that V β (S) is superior to V α (S) as a basis for payoff predictions in cooperative non-sidepayment games." @default.
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- W1999214967 date "1987-01-01" @default.
- W1999214967 modified "2023-09-27" @default.
- W1999214967 title "Alpha- and beta-characteristic functions in cooperative non-sidepayment games: An experimental test" @default.
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- W1999214967 doi "https://doi.org/10.1016/0176-2680(87)90009-7" @default.
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