A CO-MARGINALISTIC CONTRIBUTION VALUE FOR SET GAMES
Hao Sun (),
Shenggui Zhang,
Xueliang Li,
Theo Driessen and
Cornelis Hoede
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Hao Sun: Department of Applied Mathematics, Northwestern Polytechnical University, Xi'an, Shaanxi, 710072, China
Shenggui Zhang: Department of Applied Mathematics, Northwestern Polytechnical University, Xi'an, Shaanxi, 710072, China
Xueliang Li: Department of Applied Mathematics, Northwestern Polytechnical University, Xi'an, Shaanxi, 710072, China
Theo Driessen: Faculty of Mathematical Science, University of Twente, P. O. Box 217, 7500 AE, Enschede, The Netherlands
Cornelis Hoede: Faculty of Mathematical Science, University of Twente, P. O. Box 217, 7500 AE, Enschede, The Netherlands
International Game Theory Review (IGTR), 2001, vol. 03, issue 04, 351-362
Abstract:
In this paper, a new value for set games, named co-marginalistic contribution value, is characterised by the standard axioms of global efficiency and equal treatment property, and another axiom of co-coalitional marginalistic monotonicity, which is a modification of the axiom of monotonicity. The co-marginalistic contribution value for set games is analogous to the solidarity value forn-person TU-games. Since the co-marginalistic contribution value does not satisfy the axiom of additivity, the proof of the characterisation is much different from that for TU-games.
JEL-codes: B4 C0 C6 C7 D5 D7 M2 (search for similar items in EconPapers)
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:wsi:igtrxx:v:03:y:2001:i:04:n:s0219198901000452
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DOI: 10.1142/S0219198901000452
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