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Persistent link: https://www.econbiz.de/10010194359
This study provides a unified axiomatic characterization method of one-point solutions for cooperative games with transferable utilities. Any one-point solution that satisfies efficiency, the balanced cycle contributions property (BCC), and the axioms related to invariance under a player...
Persistent link: https://www.econbiz.de/10010577603
In this study, we provide a new solution for cooperative games with coalition structures. The collective value of a player is defined as the sum of the equal division of the pure surplus obtained by his coalition from the coalitional bargaining and of his Shapley value for the internal...
Persistent link: https://www.econbiz.de/10010995349
Persistent link: https://www.econbiz.de/10008673962