Showing 1 - 10 of 24
We define a partially consistent property for a solution of cooperative TU games, then use the consistent property to characterize the well-known Shapley value.
Persistent link: https://www.econbiz.de/10011107344
Using the censuses of 2000 and 2010, we have noticed that the inequality of the household per capita income in the biggest Brazilian cities did not show a trend of reduction, differently from the whole country. Also, the inequality in those cities is substantially higher than the Brazilian. We...
Persistent link: https://www.econbiz.de/10011107436
Using the censuses of 2000 and 2010, we have noticed that the inequality of the household per capita income in the biggest Brazilian cities did not show a trend of reduction, differently from the whole country. Also, the inequality in those cities is substantially higher than the Brazilian. We...
Persistent link: https://www.econbiz.de/10011107755
We introduce new axioms for the class of all TU-games with a fixed but arbitrary player set, which require either invariance of an allocation rule or invariance of the payoff assigned by an allocation rule to a specified subset of players in two related TU-games. Comparisons with other axioms...
Persistent link: https://www.econbiz.de/10011109081
The prevalence of poverty in a given population is determined by both the level of average income and the shape of income distribution. Accordingly, the difference in poverty between two populations can be attributed to disparities in their average incomes and in the levels of income inequality....
Persistent link: https://www.econbiz.de/10011257921
We study political distortions that emerge in situations where agents’ political power is disproportionate with respect to their economic power. We use the Shapley value to evaluate both the economic and the political power. We show that usual weighted majority voting cannot prevent political...
Persistent link: https://www.econbiz.de/10011258283
The H&R multi-choice Shapley value defined by Hsiao and Raghavan for multi-choice cooperative game is redundant free. If the H&R value is used as the solution of a game, there won't be any objection to a player's taking redundant actions. Therefore, the spirit of the law on equal job...
Persistent link: https://www.econbiz.de/10005034592
Motivated by a case of discrimination against some particular players happened in the real world, we define the partially consistent property of the solutions for cooperative games and use the property to characterize the Shapley value. This is different from the characterization of the Shapley...
Persistent link: https://www.econbiz.de/10004961497
The H&R Shapley value defined by Hsiao and Raghavan for multi-choice cooperative game is redundant free. If the H&R Shapley value is used as the solution of a game, there won't be any objection to a player's taking redundant actions. Therefore, the spirit of the law on equal job opportunities is...
Persistent link: https://www.econbiz.de/10005026628
We defined the potential for multi-choice cooperative games, and found the relationship between the potential and the multi-choice Shapley value. Moreover, we show that the multi-choice Shapley is consistent.
Persistent link: https://www.econbiz.de/10005665391