A note on a value with incomplete communication

JM Bilbao, N Jiménez, JJ López - Games and Economic Behavior, 2006 - Elsevier
The Myerson's models on partial cooperation have been studied extensively [SIAM J.
Discrete Math. 5 (1992) 305; Math. Methods Operations Res. 2 (1977) 225; Int. J. Game
Theory 19 (1980) 421; 20 (1992) 255]. In [Game Econ. Behav. 26 (1999) 565], Hamiache
proposes a new solution concept for communication situations. In this work, we analyze this
value making some deficiencies clear and generalize this value to union stable cooperation
structures emphasizing the differences in the extension.
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