The sequential equal surplus division for rooted forest games and an application to sharing a river with bifurcations
Sylvain Béal (),
Amandine Ghintran (),
Eric Rémila and
Working Papers from HAL
We introduce a new allocation rule, called the sequential equal surplus division for rooted forest TU-games. We provide two axiomatic characterizations for this allocation rule. The first one uses the classical property of component efficiency plus an edge deletion property. The second characterization uses standardness, an edge deletion property applied to specific rooted trees, a consistency property, and an amalgamation property. We also provide an extension of the sequential equal surplus division applied to the problem of sharing a river with bifurcations.
Keywords: Water allocation; Amalgamation; Rooted forest; Sequential equal surplus division; Consistency; Fairness (search for similar items in EconPapers)
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Journal Article: The sequential equal surplus division for rooted forest games and an application to sharing a river with bifurcations (2015)
Working Paper: The sequential equal surplus division for rooted forest games and an application to sharing a river with bifurcations (2015)
Working Paper: The Sequential Equal Surplus Division for Rooted Forest Games and an Application to Sharing a River with Bifurcations (2014)
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