Equal loss under separatorization and egalitarian values

Zhengxing Zou; René van den Brink

doi:10.1016/j.econlet.2020.109423

Equal loss under separatorization and egalitarian values

Zhengxing Zou^*, René van den Brink

^*Corresponding author for this work

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Abstract

We characterize the equal division value, the equal surplus division value, and the class of their affine combinations for TU-games involving equal loss under separatorization. This axiom requires that, if a player becomes a dummifying player (Casajus and Huettner, 2014), then any two other players are equally affected.

Original language	English
Article number	109423
Pages (from-to)	1-5
Number of pages	5
Journal	Economics Letters
Volume	194
Early online date	15 Jul 2020
DOIs	https://doi.org/10.1016/j.econlet.2020.109423
Publication status	Published - Sept 2020

Funding

The authors thank the referee for useful comments on a previous version of the paper. Zhengxing Zou is supported by the National Natural Science Foundation of China (Grant Nos. 71771025 , 71801016 ) and the China Scholarship Council (Grant No. 201806030046 ).

Keywords

Axiomatization
Cooperative game
Equal division value
Equal surplus division value

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1016/j.econlet.2020.109423

Equal loss under separatorization and egalitarian valuesFinal published version, 325 KBLicence: Article 25fa Dutch Copyright Act

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AB - We characterize the equal division value, the equal surplus division value, and the class of their affine combinations for TU-games involving equal loss under separatorization. This axiom requires that, if a player becomes a dummifying player (Casajus and Huettner, 2014), then any two other players are equally affected.

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Equal loss under separatorization and egalitarian values

Abstract

Funding

Keywords

UN SDGs

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