2010
DOI: 10.1016/j.ejor.2010.05.014
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The axiomatic approach to three values in games with coalition structure

Abstract: We study three values for transferable utility games with coalition structure, including the Owen coalitional value and two weighted versions with weights given by the size of the coalitions. We provide three axiomatic characterizations using the properties of Efficiency, Linearity, Independence of Null Coalitions, and Coordination, with two versions of Balanced Contributions inside a Coalition and Weighted Sharing in Unanimity Games, respectively.

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Cited by 36 publications
(11 citation statements)
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“…Thus, it is deduced that the value φ does not satisfy the property of null player 4 . Notice, however, that we consider situations in which the players represent groups.…”
Section: Example 1 Consider the Gamementioning
confidence: 99%
“…Thus, it is deduced that the value φ does not satisfy the property of null player 4 . Notice, however, that we consider situations in which the players represent groups.…”
Section: Example 1 Consider the Gamementioning
confidence: 99%
“…So a null player is only a null in the coalition function and not necessary in the weight system for coalitions. For further information on this area see also Gómez-Rúa and Vidal-Puga (2010) and Gómez-Rúa and Vidal-Puga (2011).…”
Section: Resultsmentioning
confidence: 99%
“…There is an extensive literature on axiomatic characterization of coalitional values: Aumann and Drèze (1974), Owen (1977), Hart and Kurz (1983), Levy and McLean (1989), Alonso-Meijide and FiestrasJaneiro (2002), Amer et al (2002), Młodak (2003), Carreras and Puente (2006), Kamijo (2009, in press), Gómez-Rúa and Vidal-Puga (2010) and Calvo and Gutiérrez (2010), among others.…”
Section: Introductionmentioning
confidence: 99%