Minimal subsidies in expense sharing games

Reshef Meir*, Yoram Bachrach, Jeffrey S. Rosenschein

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

14 Scopus citations

Abstract

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.

Original languageEnglish
Title of host publicationAlgorithmic Game Theory - Third International Symposium, SAGT 2010, Proceedings
Pages347-358
Number of pages12
EditionM4D
DOIs
StatePublished - 2010
Event3rd International Symposium on Algorithmic Game Theory, SAGT 2010 - Athens, Greece
Duration: 18 Oct 201020 Oct 2010

Publication series

NameLecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
NumberM4D
Volume6386 LNCS
ISSN (Print)0302-9743
ISSN (Electronic)1611-3349

Conference

Conference3rd International Symposium on Algorithmic Game Theory, SAGT 2010
Country/TerritoryGreece
CityAthens
Period18/10/1020/10/10

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