Template-Type: ReDIF-Paper 1.0
Series: Tinbergen Institute Discussion Papers
Creation-Date: 2020-07-18
Number: 20-043/II
Author-Name: Zhengxing Zou
Author-Workplace-Name: Vrije Universiteit Amsterdam
Author-Name: Rene van den Brink
Author-Workplace-Name: Vrije Universiteit Amsterdam
Title: Equal Loss under Separatorization and Egalitarian Values
Abstract: We characterize the equal division value, the equal surplus division value, and the class of their ane combinations for TU-games involving equal loss under separatorization. This axiom requires that, if a player becomes a dummifying player (Casajus and Huettner, in Economics Letters 122(2): 167-169, 2014), then any two other players are equally affected.
Classification-JEL: C71
Keywords: Cooperative game, equal division value, equal surplus division value, axiomatization
File-URL: https://papers.tinbergen.nl/20043.pdf
File-Format: application/pdf
File-Size: 451308 bytes
Handle: RePEc:tin:wpaper:20200043