Players’ dummification and the dummified egalitarian non-separable contribution value

Li Zhang, Genjiu Xu, Hao Sun and Wenzhong Li

Economics Letters, 2023, vol. 226, issue C

Abstract: This paper introduces a new solution for cooperative games, called dummified egalitarian non-separable contribution (DENSC) value. This value is obtained by minimizing the variance of so-called dummified grand complaints of coalitions, and is characterized in term of the axioms on players’ dummification.

Keywords: Cooperative games; Players’ dummification; Dummified marginal contribution; Dummified egalitarian non-separable contribution value; Axiomatization (search for similar items in EconPapers)
JEL-codes: C71 D60 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:226:y:2023:i:c:s0165176523001271

DOI: 10.1016/j.econlet.2023.111102

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