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Efficient quotient extensions of the Myerson value

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Abstract

We propose an efficient extension of the Myerson value for games with communication graph structure. Define a quotient game on set of the components of the graph, in which each component acts as a component-player. Then, each player in a component receives his payoff according to the Myerson value and an equal share of the surplus of the Shapley value obtained by the component in the quotient game. We show that this efficient extension of the Myerson value can be characterized by quotient component efficiency, fair distribution of surplus within component and coherence with the Myerson value for connected graphs.

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Acknowledgements

We are grateful to the Editor-in-Chief Boros and the referees for invaluable suggestions and comments that improve the paper substantially.

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Correspondence to Erfang Shan.

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Supported in part by NSFC (11971298).

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Li, D.L., Shan, E. Efficient quotient extensions of the Myerson value. Ann Oper Res 292, 171–181 (2020). https://doi.org/10.1007/s10479-020-03634-4

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