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We define and characterize the class of all weighted solidarity values. Our first characterization employs the classical axioms determining the solidarity value (except symmetry), that is, efficiency, additivity and the A-null player axiom, and two new axioms called proportionality and strong...
Persistent link: https://www.econbiz.de/10011065168
The family of discounted Shapley values is analyzed for cooperative games in coalitional form. We consider the bargaining protocol of the alternating random proposer introduced in Hart and Mas-Colell (1996). We demostrate that the discounted Shapley values arise as the expected payoffs...
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