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Accueil - Events - Conditional Random Dictatorship and the Value of a Bayesian Cooperative Game

Conditional Random Dictatorship and the Value of a Bayesian Cooperative Game

Séminaire - Lemma
Conditional Random Dictatorship and the Value of a Bayesian Cooperative Game
26
Sep
2023
De 11h à 12h
Lemma - Salle Maurice Desplas
4 rue Blaise Desgoffe
75006 PARIS
Add to calendar 09/26/2023 11:00 09/26/2023 12:00 Europe/Paris Conditional Random Dictatorship and the Value of a Bayesian Cooperative Game Lemma - Salle Maurice Desplas
4 rue Blaise Desgoffe
75006 PARIS false MM/DD/YYYY

Le Lemma is organising a seminar on the theme « Conditional Random Dictatorship and the Value of a Bayesian Cooperative Game » Tuesday 26 September at 11am.

Andrés SALAMANCA (Université Ca' Foscari)

Abstract : 

We present and analyze a theory of cooperative bargaining under asymmetric information, based on the equity principles of the conditional random dictatorship—choosing with equal probability one of the individuals to act as a dictator under the participation constraint of the other players. Our approach leads to a unified bargaining solution that has as special cases the Shapley value in transferable utility games and the Maschler-Owen consistent value in non-transferable utility games. This solution is shown to be the smallest possible set satisfying two axioms: one of these axioms states what the solution should be for the class of problems where conditional random dictatorship yields an efficient outcome, and the other axiom relates the solutions of a problem to the solutions of its extensions.

 

Access plan

Lemma - Salle Maurice Desplas 4 rue Blaise Desgoffe 75006 PARIS
Adress carte: 
POINT (2.3242849 48.8459838)