In this paper we introduce a new family of compromise solutions for the class of compromise admissible games. These solutions extend bankruptcy rules. In particular, we show that the compromise extension of the run-to-the-bank rule coincides with the barycentre of the core cover and characterise this rule by consistency. We also provide a characterisation of the TAL-family of rules.
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Paper provided by Tilburg University, Center for Economic Research in its series Discussion Paper with number
33.
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Quant, M. & Borm, P.E.M. & Reijnierse, J.H. & Velzen, S. van, 2003.
"Compromise stable TU-games,"
Discussion Paper
55, Tilburg University, Center for Economic Research.
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Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)
Lohmann, E. & Borm, P.E.M. & Quant, M., 2007.
"A Stroll with Alexia,"
Discussion Paper
2007-52, Tilburg University, Center for Economic Research.
[Downloadable!]