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Persistent link: https://www.econbiz.de/10009327374
By focusing on players’ relative contributions, we study some properties for values in positive cooperative games with transferable utilities. The well-known properties of symmetry (also known as “equal treatment of equals”) and marginality are based on players’ marginal contributions to...
Persistent link: https://www.econbiz.de/10011154907
We study the stable standard of behavior in a perfect foresight situation that was introduced by Xue (Econ Theory 11:603–627, <CitationRef CitationID="CR31">1998</CitationRef>). We assume that the inducement relations are invertible and coalition free. We show that the conditions are sufficient for the existence of the nonempty-valued...</citationref>
Persistent link: https://www.econbiz.de/10010988753