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This paper axiomatically studies the equal split-off set (cf. Branzei et al. (2006)) as a solution for cooperative games with transferable utility. This solution extends the well-known Dutta and Ray (1989) solution for convex games to arbitrary games. By deriving several characterizations, we...
Persistent link: https://www.econbiz.de/10012868655
This paper examines several monotonicity properties of value-type interval solutions on the class of convex interval games and focuses on the Dutta-Ray (DR) solution for such games. Well known properties for the classical DR solution are extended to the interval setting. In particular, it is...
Persistent link: https://www.econbiz.de/10012722411