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Sequentially two-leveled egalitarianism for TU games: Characterization and application

Joosung Lee and Theo S.H. Driessen

European Journal of Operational Research, 2012, vol. 220, issue 3, 736-743

Abstract: A new linear value for cooperative transferable utility games is introduced. The recursive definition of the new value for an n-person game involves a sequential process performed at n−1 stages, applying the value to subgames with a certain size k,1⩽kKeywords: Transferable utility game; Two-leveled egalitarianism; Scale-dummy; Sequential approach; Potential representation; Land corn production economy (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:220:y:2012:i:3:p:736-743

DOI: 10.1016/j.ejor.2012.02.014

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European Journal of Operational Research is currently edited by Roman Slowinski, Jesus Artalejo, Jean-Charles. Billaut, Robert Dyson and Lorenzo Peccati

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