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We consider natural axioms for allocating the income of museum pass programs. Two allocation rules are characterized and are shown to coincide with the Shapley value and the equal division solution of the associated TU-game introduced by Ginsburgh and Zang (2003).
Persistent link: https://www.econbiz.de/10008543490
value, the equal division rule, the equal surplus division rule and the Banzhaf value. The classical axioms of efficiency …
Persistent link: https://www.econbiz.de/10010587846
value, the equal division rule, the equal surplus division rule and the Banzhaf value. The classical axioms of efficiency …
Persistent link: https://www.econbiz.de/10011109081
graphs, efficiency and component efficiency coincide. In particular, the Myerson value (Myerson, 1977) is efficient for such …
Persistent link: https://www.econbiz.de/10011183207
We provide a new and concise characterization of the Banzhaf value on the (linear) space of all TU-games on a fixed player set by means of two transparent axioms. The first one is the well-known Dummy player axiom. The second axiom, called Strong transfer invariance, indicates that a player's...
Persistent link: https://www.econbiz.de/10010945581
only invokes marginalistic principles, and does not rely on classical axioms such as symmetry, efficiency or linearity …
Persistent link: https://www.econbiz.de/10010945583
on the remaining population. It turns out that Balanced collective contributions and the classical axiom of Efficiency …
Persistent link: https://www.econbiz.de/10010945584
This article studies values for cooperative games with transferable utility. Numerous such values can be characterized by axioms of associated consistency, which require that a value is invariant under some parametrized linear transformation on the vector space of cooperative games with...
Persistent link: https://www.econbiz.de/10011227973
, say T, of rooted spanning trees of the communication graph. We characterize these solutions by efficiency, linearity and …
Persistent link: https://www.econbiz.de/10008518103
Article 30 of Regulation (EC) No 1907/2006 concerns the sharing of data between users of a chemical substance. We study this bargaining problem by means of a special class of games in coalitional form called data games (Dehez and Tellone, 2013). For such problems, compensation schemes specify...
Persistent link: https://www.econbiz.de/10010743112