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We suggest a new one-parameter family of solidarity values for TU-games. The members of this class are distinguished by … the equal division value are the boundary members of this family, the solidarity value is its center. With exception of …
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economically sound, i.e., for which the values satisfy desirability and positivity. Put differently, we indicate requirements on … fair taxation in TU games by which solidarity among players is expressed. …
Persistent link: https://www.econbiz.de/10010309488
economically sound, i.e., for which the values satisfy desirability and positivity. Put differently, we indicate requirements on … fair taxation in TU games by which solidarity among players is expressed. …
Persistent link: https://www.econbiz.de/10010954232
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Solidarity, necessarily leads to a dictatorship of the Losers, no matter how small their number. Even one single Loser must be …
Persistent link: https://www.econbiz.de/10014475511
Using a specially designed experiment, we investigate whether and how interdependence in risk exposure i.e., risk taking by some members of a potential risk sharing group affecting not only their own but also their co-members risk exposure, affects both risk taking and ex post sharing. The...
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