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Consistency, Monotonicity and Implementation of Egalitarian Shapley Values
van den Brink, René; Funaki, Yukihiko; Ju, Yuan - 2007
One of the main issues in economics is the trade-off between marginalism and egalitarianism. In the context of cooperative games this trade-off can be framed as one of choosing to allocate according to the Shapley value or the equal division solution. In this paper we provide tools that make it...
Persistent link: https://www.econbiz.de/10010325573
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Axiomatization and Implementation of Discounted Shapley Values
van den Brink, Rene; Funaki, Yukihiko - 2010
player property for delta = 0. We show that efficiency, symmetry, linearity and this delta-reducing player property …
Persistent link: https://www.econbiz.de/10010326064
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Consistency, monotonicity and implementation of egalitarian shapley values
Brink, René van den; Funaki, Yukihiko; Ju, Yuan - 2007
One of the main issues in economics is the trade-off between marginalism and egalitarianism. In the context of cooperative games this trade-off can be framed as one of choosing to allocate according to the Shapley value or the equal division solution. In this paper we provide tools that make it...
Persistent link: https://www.econbiz.de/10011372987
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Axiomatization and implementation of discounted shapley values
Brink, René van den; Funaki, Yukihiko - 2010
player property for delta = 0. We show that efficiency, symmetry, linearity and this delta-reducing player property …
Persistent link: https://www.econbiz.de/10011380928
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Consistency, Monotonicity and Implementation of Egalitarian Shapley Values
Brink, René van den; Funaki, Yukihiko; Ju, Yuan - Tinbergen Instituut - 2007
One of the main issues in economics is the trade-off between marginalism and egalitarianism. In the context of cooperative games this trade-off can be framed as one of choosing to allocate according to the Shapley value or the equal division solution. In this paper we provide tools that make it...
Persistent link: https://www.econbiz.de/10011255779
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Consistency, Monotonicity and Implementation of Egalitarian Shapley Values
Brink, René van den; Funaki, Yukihiko; Ju, Yuan - Tinbergen Institute - 2007
One of the main issues in economics is the trade-off between marginalism and egalitarianism. In the context of cooperative games this trade-off can be framed as one of choosing to allocate according to the Shapley value or the equal division solution. In this paper we provide tools that make it...
Persistent link: https://www.econbiz.de/10005144455
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Allocation rules for museum pass programs
Béal, Sylvain; Solal, Philippe - Volkswirtschaftliche Fakultät, … - 2009
We consider natural axioms for allocating the income of museum pass programs. Two allocation rules are characterized and are shown to coincide with the Shapley value and the equal division solution of the associated TU-game introduced by Ginsburgh and Zang (2003).
Persistent link: https://www.econbiz.de/10008543490
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Axiomatization and Implementation of Discounted Shapley Values
Brink, Rene van den; Funaki, Yukihiko - Tinbergen Institute - 2010
player property for delta = 0. We show that efficiency, symmetry, linearity and this delta-reducing player property …
Persistent link: https://www.econbiz.de/10008838630
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Axiomatization and Implementation of Discounted Shapley Values
Brink, Rene van den; Funaki, Yukihiko - Tinbergen Instituut - 2010
player property for delta = 0. We show that efficiency, symmetry, linearity and this delta-reducing player property …
Persistent link: https://www.econbiz.de/10011257081
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Efficiency and collusion neutrality in cooperative games and networks
van den Brink, René - In: Games and Economic Behavior 76 (2012) 1, pp. 344-348
the Shapley value satisfying efficiency and the Banzhaf value satisfying collusion neutrality. Both properties seem to be … desirable. In this paper, we show that there is no solution satisfying efficiency, collusion neutrality and the null player … property. After that we show that this impossibility is resolved when cooperation among players is restricted by a cycle …
Persistent link: https://www.econbiz.de/10010664598