Axiomatizing the Harsanyi value, the symmetric egalitarian solution and the consistent Shapley value
The validity of Hart (1985)'s axiomatization of the Harsanyi value is shown to depend on the regularity conditions that are imposed on the games. Following this observation, we propose two related axiomatic characterizations, one of the symmetric egalitarian solution (cf. Kalai and Samet (1985)) and one of the consistent Shapley value (cf. Maschler and Owen (1992)). The three axiomatic results are studied, evaluated and compared in details.
|Date of creation:||00 Dec 2002|
|Contact details of provider:|| Postal: Voie du Roman Pays 34, 1348 Louvain-la-Neuve (Belgium)|
Fax: +32 10474304
Web page: http://www.uclouvain.be/core
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:cor:louvco:2002010. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alain GILLIS)
If references are entirely missing, you can add them using this form.