Axiomatization of an allocation rule for ordered tree TU-games
Sylvain Béal,
Sylvain Ferrières,
Eric Rémila and
Philippe Solal
Mathematical Social Sciences, 2018, vol. 93, issue C, 132-140
Abstract:
We introduce the class of tree TU-games augmented by a linear order over the links, which reflects the formation process of the tree. We characterize a new allocation rule for this class of cooperative games by means of three axioms: Standardness, Top consistency and Link amalgamation. Then, we discuss both a bargaining foundation and two possible extensions for this allocation rule.
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:eee:matsoc:v:93:y:2018:i:c:p:132-140
DOI: 10.1016/j.mathsocsci.2018.03.003
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