INVESTIGADORES
QUINTAS Luis Guillermo
congresos y reuniones científicas
Título:
THE CORE AND SHAPLEY VALUE IN A GAME OF INFORMATION
Autor/es:
GALDEANO, PATRICIA LUCIA; QUINTAS, LUIS GUILLERMO
Lugar:
San Luis Potosi
Reunión:
Jornada; XIV JOLATE Jornadas Latinoamericanas de Teoría Económica; 2013
Institución organizadora:
JOLATE - Universidad Autónoma de San Luis Potosi
Resumen:
In this paper we study some properties of the Core and we characterize the Symmetrical Core. We analize the relation of the Symmetrical Core with the Shapley value of a game modelling information transferal in a cooperative environment. This type of game was introduced by Galdeano, Oviedo and Quintas (2010) and it was also studied by Hou and Driessen (2012). It consists of an information market game involving n identical .rms and an innovator having relevant information for the .rms (e.g. a new technology). We analyze how the symmetrical part of the Core varies according with the initial information level of the .rms and the value of the information. We also present conditions in order that the Shapley value belongs to the Core. We compare the cooperative outcomes with the noncooperative equilibrium of the game.