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Equal loss under separatorization and egalitarian values

Zhengxing Zou and René van den Brink

Economics Letters, 2020, vol. 194, issue C

Abstract: 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)
Date: 2020
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DOI: 10.1016/j.econlet.2020.109423

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