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On the axiomatic characterization of the coalitional multinomial probabilistic values

Author

Listed:
  • Francesc Carreras

    (Universitat Politècnica de Catalunya)

  • María Albina Puente

    (Universitat Politècnica de Catalunya)

Abstract

The coalitional multinomial probabilistic values extend the notion of multinomial probabilistic value to games with a coalition structure, in such a way that they generalize the symmetric coalitional binomial semivalues and link and combine the Shapley value and the multinomial probabilistic values. By considering the property of balanced contributions within unions, a new axiomatic characterization is stated for each one of these coalitional values, provided that it is defined by a positive tendency profile, by means of a set of logically independent properties that univocally determine the value. Two applications are also shown: (a) to the Madrid Assembly in Legislature 2015–2019 and (b) to the Parliament of Andalucía in Legislature 2018–2022.

Suggested Citation

  • Francesc Carreras & María Albina Puente, 2022. "On the axiomatic characterization of the coalitional multinomial probabilistic values," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 30(1), pages 119-151, April.
    • Handle: RePEc:spr:topjnl:v:30:y:2022:i:1:d:10.1007_s11750-021-00603-3
    DOI: 10.1007/s11750-021-00603-3
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    References listed on IDEAS

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    6. Francesc Carreras & María Albina Puente, 2018. "A note on multinomial probabilistic values," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 26(1), pages 164-186, April.
    7. Francesc Carreras & María Albina Puente, 2012. "Symmetric Coalitional Binomial Semivalues," Group Decision and Negotiation, Springer, vol. 21(5), pages 637-662, September.
    8. Francesc Carreras & María Albina Puente, 2006. "A Parametric Family of Mixed Coalitional Values," Lecture Notes in Economics and Mathematical Systems, in: Alberto Seeger (ed.), Recent Advances in Optimization, pages 323-339, Springer.
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