This paper analyzes the allocation of the total toll collected in a highway among its segments. Based on different toll charging rules, we propose the Segments Equal Sharing method, the Exits Equal Sharing method, and the Entrances Equal Sharing method. We provide axioms and characterize these...

In this paper, we investigate the possibility of having stable rules for two-sided markets with transferable utility, that satisfy some valuation monotonicity and fairness axioms. Valuation fairness requires that changing the valuation of a buyer for the object of a seller leads to equal changes...

We present axiomatic characterizations of the proportional division value for TU-games, a value that distributes the worth of the grand coalition in proportion to the stand-alone worths of its members. First, a new proportionality principle, called balanced treatment, is introduced by...

In this paper, we study the implications of extending the balanced cost reduction property from queueing problems to general games. As a direct translation of the balanced cost reduction property, the axiom of balanced externalities for solutions of games, requires that the payoff of any player...