2007
DOI: 10.1007/s00186-006-0119-8
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Owen coalitional value without additivity axiom

Abstract: Abstract. We show that the Owen value for TU games with coalition structure can be characterized without additivity axiom similarly as it was done by Young for the Shapley value for general TU games. Our axiomatization via four axioms of efficiency, marginality, symmetry across coalitions, and symmetry within coalitions is obtained from the original Owen's one by replacement of the additivity and null-player axioms via marginality. We show that the alike axiomatization for the generalization of the Owen value … Show more

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Cited by 48 publications
(23 citation statements)
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“…The Khmelnitskaya and Yanovskaya (2007) characterization replaces A and N by the axiom M below. Note that both characterizations work for fixed (N , P) .…”
Section: Basic Definitions and Notationmentioning
confidence: 99%
“…The Khmelnitskaya and Yanovskaya (2007) characterization replaces A and N by the axiom M below. Note that both characterizations work for fixed (N , P) .…”
Section: Basic Definitions and Notationmentioning
confidence: 99%
“…As Young [25] pointed, strongly monotonicity can be replaced by independence condition, namely, a player's value depends only on the vector of his marginal contributions. Khmelnitskaya and Yanovskaya [18] …”
Section: From Induction and T I = S I It Getsmentioning
confidence: 99%
“…Different to Aumann and Drze [11], Owen [12] gave another model for games with a coalition structure, where the probability of cooperation among coalitions is considered, and provided the Owen value, which is an extension of the Shapley value. Later, many experts and scholars have studied deeply [13,14,15,16,17,18,19].…”
Section: Introductionmentioning
confidence: 99%
“…By extending the Shapley value for traditional games, Owen [15] proposed the Owen value for games with a coalition structure. The axiomatic systems of the Owen value are considered in [16][17][18][19]. Later, Owen [20] gave another payoff index for games with a coalition structure, which is called the Banzhaf-Owen value, and discussed its axiomatic system.…”
Section: . Introductionmentioning
confidence: 99%