A Decomposition of the Space of TU-games Using Addition and Transfer Invariance
In Béal et al. (2013) two new axioms of invariance, called Addition invariance and Transfer invariance respectively, are introduced to design allocation rules for TU-games. Here, we derive direct sum decompositions of the linear space of TU-games by using the TU-games selected to construct the operations of Addition and Transfer. These decompositions allow us to recover previous characterization results obtained by Béal et al. (2013), to provide new characterizations of well-known (class of) of allocation rules and also to design new allocation rules.
|Date of creation:||Oct 2013|
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- Ju, Y. & Borm, P.E.M. & Ruys, P.H.M., 2007.
"The consensus value : A new solution concept for cooperative games,"
Other publications TiSEM
6cd44a12-a909-47f8-8d85-e, Tilburg University, School of Economics and Management.
- Yuan Ju & Peter Borm & Pieter Ruys, 2007. "The consensus value: a new solution concept for cooperative games," Social Choice and Welfare, Springer, vol. 28(4), pages 685-703, June.
- Ju, Y. & Borm, P.E.M. & Ruys, P.H.M., 2004. "The Consensus Value : A New Solution Concept for Cooperative Games," Discussion Paper 2004-50, Tilburg University, Center for Economic Research.
- Sylvain Béal & Eric Rémila & Philippe Solal, 2012.
"Axioms of Invariance for TU-games,"
- Nowak, Andrzej S & Radzik, Tadeusz, 1994. "A Solidarity Value for n-Person Transferable Utility Games," International Journal of Game Theory, Springer, vol. 23(1), pages 43-48.
- Ruiz, Luis M. & Valenciano, Federico & Zarzuelo, Jose M., 1998. "The Family of Least Square Values for Transferable Utility Games," Games and Economic Behavior, Elsevier, vol. 24(1-2), pages 109-130, July.
- Chun, Youngsub, 1989. "A new axiomatization of the shapley value," Games and Economic Behavior, Elsevier, vol. 1(2), pages 119-130, June.
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