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Abstract:
In this paper, we propose two axioms based on the idea of fair distribution of surplus. We prove that these two axioms uniquely determine an efficient extension of the Myerson value. Moreover, we also show that another efficient extension of the Myerson value, the efficient egalitarian Myerson value, can be characterized with one of our axioms and the fair distribution of surplus axiom. 2018 Elsevier B.V. All rights reserved.
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Source :
ECONOMICS LETTERS
ISSN: 0165-1765
Year: 2018
Volume: 165
Page: 1-5
0 . 8 7 6
JCR@2018
2 . 1 0 0
JCR@2023
ESI Discipline: ECONOMICS & BUSINESS;
ESI HC Threshold:163
JCR Journal Grade:3
Cited Count:
WoS CC Cited Count: 13
SCOPUS Cited Count: 14
ESI Highly Cited Papers on the List: 0 Unfold All
WanFang Cited Count:
Chinese Cited Count:
30 Days PV: 0
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