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The Gini coefficient or index is perhaps one of the most used indicators of social and economic conditions. In this paper we characterize the Gini index as the unique function that satisfies the properties of scale invariance, symmetry, proportionality and convexity in similar rankings....
Persistent link: https://www.econbiz.de/10015230331
We propose a modification to the concept of the potential of agame à la Hart-Mas Colell to determine a salary system for theassignment problem. We obtain explicit formulas for the potentialof the assignment problem and for it's corresponding salarysystem. Also, we establish some properties of...
Persistent link: https://www.econbiz.de/10005181837
In this paper we study an expression for all additive, symmetric and efficient solutions, i.e., the set of axioms that traditionally are used to characterize the Shapley value except for the dummy axiom. Also, we obtain an expression for this kind of solutions by including the self duality...
Persistent link: https://www.econbiz.de/10005110783
Persistent link: https://www.econbiz.de/10002752855