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Land corn production economy 1 Potential representation 1 Scale-dummy 1 Sequential approach 1 Transferable utility game 1 Two-leveled egalitarianism 1
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Article 1
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Driessen, Theo S.H. 1 Lee, Joosung 1
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European Journal of Operational Research 1
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RePEc 1
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Sequentially two-leveled egalitarianism for TU games: Characterization and application
Lee, Joosung; Driessen, Theo S.H. - In: European Journal of Operational Research 220 (2012) 3, pp. 736-743
A new linear value for cooperative transferable utility games is introduced. The recursive definition of the new value for an n-person game involves a sequential process performed at n−1 stages, applying the value to subgames with a certain size k,1⩽kn, combining with the rule of two-leveled...
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