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Nullifying vs. dummifying players or nullified vs. dummified players: The difference between the equal division value and the equal surplus division value
Casajus, André; Hüttner, Frank - Wirtschaftswissenschafltiche Fakultät, Universität Leipzig - 2012
surplus division value is pinpointed to one axiom. Moreover, we shed light on solidarity principles embodied in the equal …
Persistent link: https://www.econbiz.de/10010980575
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Null, nullifying, or dummifying players: The difference between the Shapley value, the equal division value, and the equal surplus division value
Casajus, André; Huettner, Frank - In: Economics Letters 122 (2014) 2, pp. 167-169
We provide new characterisations of the equal surplus division value. This way, the difference between the Shapley value, the equal surplus division value, and the equal division value is pinpointed to one axiom.
Persistent link: https://www.econbiz.de/10010743700
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Null players, solidarity, and the egalitarian Shapley values
Casajus, André; Hüttner, Frank - 2012
characterization, the null player property indicates the absence of solidarity among the players. First, we replace the null player …-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/10010310158
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Null players, solidarity, and the egalitarian Shapley values
Casajus, André; Hüttner, Frank - Wirtschaftswissenschafltiche Fakultät, Universität Leipzig - 2012
characterization, the null player property indicates the absence of solidarity among the players. First, we replace the null player …-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
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Null, nullifying, or dummifying players : the difference between the Shapley value, the equal division value, and the equal surplus division value
Casajus, André; Hüttner, Frank - In: Economics letters 122 (2014) 2, pp. 167-169
Persistent link: https://www.econbiz.de/10010395202
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Solidarity and fair taxation in TU games
Casajus, André - 2012
economically sound, i.e., for which the values satisfy desirability and positivity. Put differently, we indicate requirements on … fair taxation in TU games by which solidarity among players is expressed. …
Persistent link: https://www.econbiz.de/10010309488
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Solidarity and fair taxation in TU games
Casajus, André - Wirtschaftswissenschafltiche Fakultät, Universität Leipzig - 2012
economically sound, i.e., for which the values satisfy desirability and positivity. Put differently, we indicate requirements on … fair taxation in TU games by which solidarity among players is expressed. …
Persistent link: https://www.econbiz.de/10010954232
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Equal Loss under Separatorization and Egalitarian Values
Zou, Zhengxing; van den Brink, Rene - 2020
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/10012427143
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Equal loss under separatorization and egalitarian values
Zou, Zhengxing; Brink, René van den - 2020
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
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Solidarity within a fixed community
Béal, Sylvain; Casajus, André; Huettner, Frank; … - In: Economics Letters 125 (2014) 3, pp. 440-443
We study the consequences of a solidarity property that specifies how a value for cooperative games should respond if … some player forfeits his productivity, i.e., becomes a null player. Nullified solidarity states that in this case either …
Persistent link: https://www.econbiz.de/10011116202