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author:

Hu, X.-F. (Hu, X.-F..) [1] | Li, D.-F. (Li, D.-F..) [2] | Xu, G.-J. (Xu, G.-J..) [3]

Indexed by:

Scopus

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.

Keyword:

Communication graph; Efficient extension; Fair distribution of surplus; Myerson value; Transferable utility cooperative game

Community:

  • [ 1 ] [Hu, X.-F.]School of Management, Guangzhou University, Guangzhou, 510006, China
  • [ 2 ] [Li, D.-F.]School of Economics and Management, Fuzhou University, No. 2, Xueyuan Road, Daxue New District, Fuzhou District, Fuzhou, 350108, China
  • [ 3 ] [Xu, G.-J.]Department of Applied Mathematics, Northwestern Polytechnical University, Xi'an, 710072, China

Reprint 's Address:

  • [Li, D.-F.]School of Economics and Management, Fuzhou University, No. 2, Xueyuan Road, Daxue New District, Fuzhou District, China

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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 HC Threshold:163

JCR Journal Grade:3

Cited Count:

WoS CC Cited Count:

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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