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Value, complement reduction and interval TU games

Author

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  • Yu-hsien Liao

    (Department of Applied Mathematics, National Pingtung University of Education)

Abstract

In the framework of interval transferable-utility (TU) games, we introduce a generalization of the equal allocation of nonseparable cost (EANSC). Further, we extend the reduced game introduced by Moulin (1985) to interval TU games. By applying this extended reduction, two axiomatizations of this extended EANSC are proposed.

Suggested Citation

  • Yu-hsien Liao, 2010. "Value, complement reduction and interval TU games," Economics Bulletin, AccessEcon, vol. 30(4), pages 2671-2679.
  • Handle: RePEc:ebl:ecbull:eb-10-00554
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    File URL: http://www.accessecon.com/Pubs/EB/2010/Volume30/EB-10-V30-I4-P246.pdf
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    Cited by:

    1. Yu-hsien Liao & Ling-Yun Chung & Po-hang Wu, 2015. "The EANSC: a weighted extension and axiomatization," Economics Bulletin, AccessEcon, vol. 35(1), pages 475-480.

    More about this item

    Keywords

    Interval TU games; the equal allocation of nonseparable cost; reduced game.;
    All these keywords.

    JEL classification:

    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
    • C0 - Mathematical and Quantitative Methods - - General

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