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author:

Hu, Xun-Feng (Hu, Xun-Feng.) [1] | Xu, Gen-Jiu (Xu, Gen-Jiu.) [2] | Li, Deng-Feng (Li, Deng-Feng.) [3]

Indexed by:

SSCI Scopus SCIE

Abstract:

In this paper, we propose a new efficient value for transferable utility cooperative games with a coalition structure. It first assigns to every player his Aumann-Dreze value and then allocates the remainder of the worth of the grand coalition among players equally. As it is identical with the Aumann-Dreze value for coalitional games with a singleton coalition structure, we call it the egalitarian efficient extension of the Aumann-Dreze value. We provide three axiomatizations of it and compare it with other well-known efficient coalitional values, especially the Owen value and the two-step Shapley value.

Keyword:

91A12 Aumann-Dreze value Coalition structure Owen value Transferable utility cooperative game Two-step Shapley value

Community:

  • [ 1 ] [Hu, Xun-Feng]Guangzhou Univ, Sch Management, Guangzhou 510006, Guangdong, Peoples R China
  • [ 2 ] [Xu, Gen-Jiu]Northwestern Polytech Univ, Dept Appl Math, Xian 710072, Shaanxi, Peoples R China
  • [ 3 ] [Li, Deng-Feng]Fuzhou Univ, Sch Econ & Management, Fuzhou 350108, Fujian, Peoples R China

Reprint 's Address:

  • 李登峰

    [Li, Deng-Feng]Fuzhou Univ, Sch Econ & Management, Fuzhou 350108, Fujian, Peoples R China

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Source :

JOURNAL OF OPTIMIZATION THEORY AND APPLICATIONS

ISSN: 0022-3239

Year: 2019

Issue: 3

Volume: 181

Page: 1033-1052

1 . 3 8 8

JCR@2019

1 . 6 0 0

JCR@2023

ESI Discipline: ENGINEERING;

ESI HC Threshold:150

JCR Journal Grade:2

CAS Journal Grade:3

Cited Count:

WoS CC Cited Count: 9

SCOPUS Cited Count: 11

ESI Highly Cited Papers on the List: 0 Unfold All

WanFang Cited Count:

Chinese Cited Count:

30 Days PV: 3

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