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Equal loss under separatorization and egalitarian values

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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 languageEnglish
Article number109423
Pages (from-to)1-5
Number of pages5
JournalEconomics Letters
Volume194
Early online date15 Jul 2020
DOIs
Publication statusPublished - 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 ).

UN SDGs

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

  1. SDG 10 - Reduced Inequalities
    SDG 10 Reduced Inequalities

Keywords

  • Axiomatization
  • Cooperative game
  • Equal division value
  • Equal surplus division value

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