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In this paper cost sharing problems are considered. We focus on problems given by rooted trees, we call these problems cost-tree problems, and on the induced transferable utility cooperative games, called irrigation games. A formal notion of irrigation games is introduced, and the...
Persistent link: https://www.econbiz.de/10008919742
We give a new proof of Young's characterization of the Shapley value. Moreover, as applications of the new proof, we show that Young's axiomatization of the Shapley value is valid on various well-known subclasses of TU games.
Persistent link: https://www.econbiz.de/10011250943
Persistent link: https://www.econbiz.de/10010190829