Amalgamating players, symmetry, and the Banzhaf value

André Casajus
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André Casajus: Center for Mathematical Economics, Bielefeld University

No 442, Center for Mathematical Economics Working Papers from Center for Mathematical Economics, Bielefeld University

Abstract: We suggest new characterizations of the Banzhaf value without the symmetry axiom, which reveal that the characterizations by Lehrer (1988, International Journal of Game Theory 17, 89-99) and Nowak (1997, International Journal of Game Theory 26, 127-141) as well as most of the characterizations by Casajus (2010, Theory and Decision, forthcoming) are redundant. Further, we explore symmetry implications of Lehrer's 2-efficiency axiom.

Keywords: Banzhaf value; amalgamation; symmetry; 2-efficiency (search for similar items in EconPapers)
Date: 2017-03-21
New Economics Papers: this item is included in nep-cdm, nep-gth and nep-hpe
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Persistent link: https://EconPapers.repec.org/RePEc:bie:wpaper:442

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