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economically sound, i.e., for which the values satisfy desirability and positivity. Put differently, we indicate requirements on …
Persistent link: https://www.econbiz.de/10010954232
-negative. Second, the equal treatment property is strengthened into desirability. This way, we obtain a new characterization of the …
Persistent link: https://www.econbiz.de/10010980564
We provide new characterizations of the equal surplus division value and the equal division value as well as of the class of their convex mixtures. This way, the difference between the Shapley value, the equal division value, and the equal surplus division value is pinpointed to one axiom....
Persistent link: https://www.econbiz.de/10010980575