An Extension of the Solidarity Value for Environments with Externalities-Reference-Cited by-同舟云学术

An Extension of the Solidarity Value for Environments with Externalities

Published:2017-05-02 Issue:02 Volume:19 Page:1750007
ISSN:0219-1989
Container-title:International Game Theory Review
language:en
Short-container-title:Int. Game Theory Rev.

Author:

Rodríguez-Segura Julio¹,Sánchez-Pérez Joss²

Affiliation:

1. Facultad de Economa, UASLP, Consejo Estatal de Población (COESPO), San Luis Potosí, México

2. Facultad de Economía, UASLP, Av. Pintores s/n, Col. B. del Estado 78213, San Luis Potosí, México

Abstract

In this paper, we propose an axiomatic extension for the Solidarity value of Nowak and Radzik [1994] A solidarity value for [Formula: see text]-person transferable utility games, Int. J. Game Theor. 23, 43–48] to the class of games with externalities. This value is characterized as the unique function that satisfies linearity, symmetry, efficiency and average nullity. In this context, we discuss a key subject of how to extend the concept of average marginal contribution to settings where externalities are present.

Publisher

World Scientific Pub Co Pte Lt

Subject

Statistics, Probability and Uncertainty,Business and International Management,General Computer Science

Link

https://www.worldscientific.com/doi/pdf/10.1142/S0219198917500074

Reference13 articles.

1. A set of axioms for a value for partition function games

2. A coalition formation value for games in partition function form

3. THE CLASS OF EFFICIENT LINEAR SYMMETRIC VALUES FOR GAMES IN PARTITION FUNCTION FORM

4. An axiomatic characterization of a value for games in partition function form

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