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Sequentially two-leveled egalitarianism for TU games: Characterization and application

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  • Lee, Joosung
  • Driessen, Theo S.H.

Abstract

A new linear value for cooperative transferable utility games is introduced. The recursive definition of the new value for an n-person game involves a sequential process performed at n−1 stages, applying the value to subgames with a certain size k,1⩽k

Suggested Citation

  • Lee, Joosung & Driessen, Theo S.H., 2012. "Sequentially two-leveled egalitarianism for TU games: Characterization and application," European Journal of Operational Research, Elsevier, vol. 220(3), pages 736-743.
  • Handle: RePEc:eee:ejores:v:220:y:2012:i:3:p:736-743
    DOI: 10.1016/j.ejor.2012.02.014
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    References listed on IDEAS

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    Cited by:

    1. Joosung Lee, 2017. "Mechanisms with Referrals: VCG Mechanisms and Multilevel Mechanisms," Working Papers 2017.27, Fondazione Eni Enrico Mattei.
    2. Kim, Chulyoung & Kim, Sang-Hyun & Lee, Jinhyuk & Lee, Joosung, 2022. "Strategic alliances in a veto game: An experimental study," European Journal of Political Economy, Elsevier, vol. 75(C).
    3. Joosung Lee, 2013. "Bargaining and Buyout," 2013 Papers ple701, Job Market Papers.

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