 Fairness and Fairness for Neighbors: The Difference between the Myerson Value and Component-Wise Egalitarian SolutionsSylvain Béal, Eric Rémila and Philippe Solal Post-Print from HAL Abstract: We replace the axiom of fairness used in the characterization of the Myerson value (Myerson, 1977) by fairness for neighbors in order to characterize the component-wise egalitarian solution. When a link is broken, fairness states that the two players incident to the link should be affected similarly while fairness for neighbors states that a player incident to the link and any of his other neighbors should be affected similarly. Fairness for neighbors is also used to characterize the component-wise egalitarian surplus solution and a two-step egalitarian surplus solution. These results highlight that egalitarian and marginalistic allocation rules can be obtained by applying the same equal gain/loss property to different types of player Keywords: Myerson value; component-wise egalitarian solutions; fairness; fairness for neighbors; two-step value (search for similar items in EconPapers) Published in Economics Letters, 2012, 117 (1), pp.263-267. ⟨10.1016/j.econlet.2012.05.020⟩ There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-00699641 DOI: 10.1016/j.econlet.2012.05.020 Access Statistics for this paper More papers in Post-Print from HAL |
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