A new axiomatization of the Owen value for games with coalition structures

被引:46
|
作者
Hamiache, G [1 ]
机构
[1] GREQAM, Ctr Vieille Charite, F-13002 Marseille, France
关键词
Owen value; coalition structure; associated game; consistency; iterative functional equation;
D O I
10.1016/S0165-4896(98)00028-6
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper presents a new axiomatization of the Owen value for games with coalition structures. The driving force of this new axiomatization is a consistency axiom based on an associated game which is not a reduced game. We show that the Owen value is the only one satisfying, in addition with other rather 'standard' properties, a consistency requirement which makes it unnecessary to perform a particular kind of manipulation. (C) 1999 Elsevier Science B.V. All rights reserved.
引用
收藏
页码:281 / 305
页数:25
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