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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–Drèze value and then allocates the remainder of the worth of the grand coalition among players equally. As it is identical with the Aumann–Drèze value for coalitional games with a singleton coalition structure, we call it the egalitarian efficient extension of the Aumann–Drèze 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. © 2018, Springer Science+Business Media, LLC, part of Springer Nature.
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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 HC Threshold:150
JCR Journal Grade:2
CAS Journal Grade:3
Cited Count:
SCOPUS Cited Count: 11
ESI Highly Cited Papers on the List: 0 Unfold All
WanFang Cited Count:
Chinese Cited Count:
30 Days PV: 0
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