TY - GEN
T1 - Minimal subsidies in expense sharing games
AU - Meir, Reshef
AU - Bachrach, Yoram
AU - Rosenschein, Jeffrey S.
PY - 2010
Y1 - 2010
N2 - A key solution concept in cooperative game theory is the core. The core of an expense sharing game contains stable allocations of the total cost to the participating players, such that each subset of players pays at most what it would pay if acting on its own. Unfortunately, some expense sharing games have an empty core, meaning that the total cost is too high to be divided in a stable manner. In such cases, an external entity could choose to induce stability using an external subsidy. We call the minimal subsidy required to make the core of a game non-empty the Cost of Stability (CoS), adopting a recently coined term for surplus sharing games. We provide bounds on the CoS for general, subadditive and anonymous games, discuss the special case of Facility Games, as well as consider the complexity of computing the CoS of the grand coalition and of coalitional structures.
AB - A key solution concept in cooperative game theory is the core. The core of an expense sharing game contains stable allocations of the total cost to the participating players, such that each subset of players pays at most what it would pay if acting on its own. Unfortunately, some expense sharing games have an empty core, meaning that the total cost is too high to be divided in a stable manner. In such cases, an external entity could choose to induce stability using an external subsidy. We call the minimal subsidy required to make the core of a game non-empty the Cost of Stability (CoS), adopting a recently coined term for surplus sharing games. We provide bounds on the CoS for general, subadditive and anonymous games, discuss the special case of Facility Games, as well as consider the complexity of computing the CoS of the grand coalition and of coalitional structures.
UR - http://www.scopus.com/inward/record.url?scp=78649546946&partnerID=8YFLogxK
U2 - 10.1007/978-3-642-16170-4_30
DO - 10.1007/978-3-642-16170-4_30
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AN - SCOPUS:78649546946
SN - 3642161693
SN - 9783642161698
T3 - Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
SP - 347
EP - 358
BT - Algorithmic Game Theory - Third International Symposium, SAGT 2010, Proceedings
T2 - 3rd International Symposium on Algorithmic Game Theory, SAGT 2010
Y2 - 18 October 2010 through 20 October 2010
ER -