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Axiomatics of Level Structure Values

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  • FrÚdÚric Chantreuil

    (INRA-ESR, Rennes Cedex, France)

Abstract

In this paper we develop six values for side payments games when a cooperation description of the players is a priori given. This cooperation description, called a level structure, is made of a sequence of coalition strcutures. Those values are extensions of values such as the Shapley value (1953), Owen's value (1977) and Winter's level structure value (1989).

Suggested Citation

  • FrÚdÚric Chantreuil, 2000. "Axiomatics of Level Structure Values," Homo Oeconomicus, Institute of SocioEconomics, vol. 17, pages 177-191.
    • Handle: RePEc:hom:homoec:v:17:y:2000:p:177-191
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    Cited by:

    1. Jean-Marc Montaud, 2002. "Ajustement structurel et inégalités des revenus en Afrique : une analyse de décomposition appliquée au Burkina-faso," Documents de travail 75, Groupe d'Economie du Développement de l'Université Montesquieu Bordeaux IV.
    2. Jean-Marc Montaud, 2002. "Origines des inégalités de niveaux de vie dans les villes africaines," Documents de travail 74, Groupe d'Economie du Développement de l'Université Montesquieu Bordeaux IV.
    3. Mercedes Sastre & Alain Trannoy, 2002. "Shapley inequality decomposition by factor components: Some methodological issues," Journal of Economics, Springer, vol. 77(1), pages 51-89, December.

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