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A situation in which a finite set of players can obtain certain payoffs by cooperation can be described by a cooperative game with transferable utility, or simply a TU-game. A (single-valued) solution for TU-games assigns a payoff distribution to every TU-game. A well-known solution is the...
Persistent link: https://www.econbiz.de/10011378792
A well-known model in sociology and marketing is that of opinion leadership. Opinion leaders are actors who are able to …
Persistent link: https://www.econbiz.de/10011386185
We characterize the equal division value, the equal surplus division value, and the class of their affine combinations for TU-games involving equal loss under separatorization. This axiom requires that, if a player becomes a dummifying player (Casajus and Huettner, in Economics Letters 122(2):...
Persistent link: https://www.econbiz.de/10012251373
We introduce a family of proportional surplus division values for TU-games. Each value first assigns to each player a compromise between his stand-alone worth and the average stand-alone worths over all players, and then allocates the remaining worth among the players in proportion to their...
Persistent link: https://www.econbiz.de/10012167344
We propose and characterize weighted-egalitarian values for cooperative transferable utility games. Each weighted-egalitarian value divides the worth of the grand coalition into two parts and allocates them through equality and proportionality based on exogenous player weights. We characterize...
Persistent link: https://www.econbiz.de/10014505372