New axiomatizations of the Diversity Owen and Shapley values

Sylvain Béal, Mostapha Diss and Rodrigue Tido Takeng ()
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Rodrigue Tido Takeng: Université de Caen, CREM, UMR6211, F-14000 Caen, France

No 2024-09, Working Papers from CRESE

Abstract: The Shapley and Owen values defined respectively for cooperative games with transferable utility (TU-games), and TU-games with coalition structure have recently been extended as allocation rules for TU-games with diversity constraints. This new class of games is introduced by B ́eal et al. (Working paper, 2024). In this new environment, players are divided into disjointed groups called communities. Diversity constraints require a mini- mum number of members in each community for cooperation to take place. A coalition is diverse if it contains at least the required number of members from each community. The diversity-restricted game is a TU-game which assigns zero to any non-diverse coalition and also assigns the original worth of a coalition if it is diverse. The extensions of the Shapley and Owen values are respectively called the Diversity Shapley value which is defined as the Shapley value of the diversity-restricted game, and the Diversity Owen value which is defined as the Owen value of the diversity-restricted game with coalition structure. Moreover, two axiomatic characterizations of these values are given. In this paper, we also present two new axiomatic characterizations of the Diversity Owen and Shapley values.

Keywords: TU-games; diversity constraints; axiomatic characterization; Diversity Shapley value; Diversity Owen value. (search for similar items in EconPapers)
JEL-codes: C71 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2024-02
New Economics Papers: this item is included in nep-gth and nep-upt
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Working Paper: New axiomatisations of the Diversity Owen and Shapley values (2024)
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