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In this note we introduce an egalitarian solution, called the dual egalitarian solution, that is the natural counterpart of the egalitarian solution of Dutta and Ray (1989). We prove, among others, that for a convex game the egalitarian solution coincides with the dual egalitarian solution for...
Persistent link: https://www.econbiz.de/10005181935
We consider the problem of ranking sets of objects, the members of which are mutually compatible. Assuming that each object is either good or bad, we axiomatically characterize a cardinality-based rule which arises naturally in this dichotomous setting.
Persistent link: https://www.econbiz.de/10005094665
We consider the problem of ranking sets of objects, the members of which are mutually compatible. Assuming that each object is either good or bad, we axiomatically characterize a cardinality-based rule which arises naturally in this dichotomous setting.
Persistent link: https://www.econbiz.de/10010629792