A generalized Deegan-Packel value for multi-alternative games in case of nonhomogeneous players

Abstract

This paper proposes a generalized Deegan-Packel value which is applicable to multialternative games (games with r alternatives) considering players are not always homogenous. We show an axioms system on which the new value is based. Finally, we compare the new value with the others by a numerical example.

Keywords and phrases:

• Multi-alternative game
• cooperative game
• values
• nonhomogeneous players
• Deegan-Packel index