Equal loss under separatorization and egalitarian values
Zhengxing Zou and
René van den Brink
Economics Letters, 2020, vol. 194, issue C
We characterize the equal division value, the equal surplus division value, and the class of their affine combinations for TU-games involving equal loss under separatorization. This axiom requires that, if a player becomes a dummifying player (Casajus and Huettner, 2014), then any two other players are equally affected.
Keywords: Cooperative game; Equal division value; Equal surplus division value; Axiomatization (search for similar items in EconPapers)
JEL-codes: C71 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:194:y:2020:i:c:s0165176520302652
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