Showing 1 - 2 of 2
In the context of minimum cost spanning tree problems, we present a bargaining mechanism for connecting all agents to the source and dividing the cost among them. The basic idea is very simple: we ask each agent the part of the cost he is willing to pay for an arc to be constructed. We prove...
Persistent link: https://www.econbiz.de/10008483351
We present a unified framework for a broad class of values in transferable utility games with coalition structure, including the Owen coalitional value and two weighted versions with weights given by the size of the coalitions. We provide three axiomatic characterizations using the properties of...
Persistent link: https://www.econbiz.de/10008865163