A Comparison of NTU values on a Certain Class of Games

Chaowen Yu
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Chaowen Yu: Graduate School of Economics, Keio University

No 2012-041, Keio/Kyoto Joint Global COE Discussion Paper Series from Keio/Kyoto Joint Global COE Program

Abstract: The Maschler-Owen value and the NTU Shapley value are two well-known ex- tensions of the TU Shapley value. In this paper, we compare a set of axioms that these values satisfy on the domain of games consisting of all monotonic hyperplane games and all monotonic prize games (Hart [1994]). The axiomatization of these two values on this domain are also given.

Pages: 9 pages
Date: 2013-03
New Economics Papers: this item is included in nep-gth
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