We suggest a full consolidation approach that takes into account the property rights structure whithin the subsidiaries, in particular, the majority requirements on restructurings. Our approach employs a property rights index based on cooperative game theory.

We provide a new characterization of the Shapley value neither using the efficiency axiom nor the additivity axiom. In this characterization, efficiency is replaced by the gain-loss axiom (Einy and Haimanko, 2011, Game Econ Behav 73: 615-621), i.e., whenever the total worth generated does not...

We consider an analytic formulation/parametrization of the class of efficient, linear, and symmetric values for TU games that, in contrast to previous approaches, which rely on the standard basis, rests on the linear representation of TU games by unanimity games. Unlike most of the other...

We provide an axiomatization-based justification for applying the Owen value to decompose R2 in OLS models if prior knowledge can be used to form groups of regressor variables. The assumptions made by the axioms are not only plausible with respect to the variables but also clarify the meaning of...