Assume That the Characteristic Functions of Different Coalitions in a Three-Person

question 5

Multiple Choice

Assume that the characteristic functions of different coalitions in a three-person group are given by: V(1,2,3) = $60
V(1,2) = $40, V(2,3) = $30, and V(1,3) = $35.
The values created by the individuals separately are given by:
V(1) = $20, V(2) = $16, V(3) = $10.
Which of the following allocations will lie within the core?

• A) Payoffs to individuals 1,2, and 3 are $21, $17,and $22 respectively.
• B) Payoffs to individuals 1,2, and 3 are $31, $17, and $12 respectively.
• C) Payoffs to individuals 1,2, and 3 are $21, $26, and $13 respectively.
• D) Payoffs to individuals 1,2, and 3 are $25, $18, and $17 respectively.

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Definitions:

Organizational Socialization Process

The method through which new employees acquire the necessary skills, knowledge, behaviors, and values to effectively integrate into an organization.

Final Stage

Represents the last phase in a process or development sequence, often signaling the completion of a project or the attainment of a goal.

Fit Perspective

A viewpoint in psychology and organizational behavior that emphasizes the alignment between an individual's abilities, needs, and values and their work environment's demands, rewards, and culture.

Culture

The shared beliefs, customs, practices, and social behavior of a particular nation or people.