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Semi-core equivalence

Gilles, Robert Paul - In: Economic theory : official journal of the Society for … 11 (1998) 1, pp. 101-127

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The consensus value : a new solution concept for cooperative games

Ju, Yuan; Borm, Peter; Ruys, Pieter H. M. - In: Social choice and welfare 28 (2007) 4, pp. 685-703

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Imperfections and behavior in economic organizations

Gilles, Robert Paul (ed.); Ruys, Pieter H. M. (contributor) - 1994

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The Consensus Value : A New Solution Concept for Cooperative Games

Ju, Yuan; Borm, Peter; Ruys, Pieter H. M. - 2004

By generalizing the standard solution for 2-person games into n-person cases, this paper develops a new solution concept for cooperative games: the consensus value. We characterize the consensus value as the unique function that satisfies efficiency, symmetry, the quasi dummy property and...

Persistent link: https://www.econbiz.de/10014071061