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Sharing the surplus and proportional values

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Abstract

We introduce a family of proportional surplus division values for TU-games. Each value first assigns to each player a compromise between her stand-alone worth and the average stand-alone worths over all players, and then allocates the remaining worth among the players in proportion to their stand-alone worths. This family contains the proportional division value and the new egalitarian proportional surplus division value as two special cases. We provide characterizations for this family of values, as well as for each single value in this family.

Original languageEnglish
Pages (from-to)185-217
Number of pages33
JournalTheory and Decision
Volume93
Issue number1
Early online date13 Sept 2021
DOIs
Publication statusPublished - Jul 2022

Bibliographical note

Publisher Copyright:
© 2021, The Author(s), under exclusive licence to Springer Science+Business Media, LLC, part of Springer Nature.

Funding

The authors thank an associate editor, eight anonymous referees, Manfred Besner, and Xun-Feng Hu for useful comments. Zhengxing Zou thanks the financial support of the National Natural Science Foundation of China (Grant Nos. 71771025, 71801016) and the China Scholarship Council (Grant No. 201806030046). Yukihiko Funaki is supported by JSPS KAKENHI Grant Numbers JP17H02503 and JP18KK0046.

FundersFunder number
National Natural Science Foundation of China71771025, 71801016
Japan Society for the Promotion of ScienceJP18KK0046, 17H02503
China Scholarship Council201806030046

    UN SDGs

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

    1. SDG 10 - Reduced Inequalities
      SDG 10 Reduced Inequalities

    Keywords

    • Axiomatization
    • Balanced contributions
    • Cooperative game
    • Proportional value
    • Surplus sharing

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