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A note on associated consistency and linear, symmetric values

Author

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  • Norman L. Kleinberg

    (The City University of New York)

Abstract

In the context of cooperative games with transferable utility Hamiache (Int J Game Theory 30:279–289, 2001) utilized continuity, the inessential game property and associated consistency to axiomatize the well-known Shapley value (Ann Math Stud 28:307–317, 1953). The question then arises: “Do there exist linear, symmetric values other than the Shapley value that satisfy associated consistency?”. In this Note we give an affirmative answer to this question by showing that a linear, symmetric value satisfies associated consistency if and only if it is a linear combination of the Shapley value and the equal-division solution. In addition, we offer an explicit formula for generating all such solutions and show how the structure of the null space of the Shapley value contributes to its unique position in Hamiache’s result.

Suggested Citation

  • Norman L. Kleinberg, 2018. "A note on associated consistency and linear, symmetric values," International Journal of Game Theory, Springer;Game Theory Society, vol. 47(3), pages 913-925, September.
    • Handle: RePEc:spr:jogath:v:47:y:2018:i:3:d:10.1007_s00182-017-0589-3
    DOI: 10.1007/s00182-017-0589-3
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    References listed on IDEAS

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    1. Sylvain Béal & Eric Rémila & Philippe Solal, 2016. "Characterizations of Three Linear Values for TU Games by Associated Consistency: Simple Proofs Using the Jordan Normal Form," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 18(01), pages 1-21, March.
    2. Kleinberg, Norman L. & Weiss, Jeffrey H., 1986. "Weak values, the core, and new axioms for the Shapley value," Mathematical Social Sciences, Elsevier, vol. 12(1), pages 21-30, August.
    3. Gérard Hamiache, 2001. "Associated consistency and Shapley value," International Journal of Game Theory, Springer;Game Theory Society, vol. 30(2), pages 279-289.
    4. Norman L. Kleinberg & Jeffrey H. Weiss, 1985. "Equivalent N -Person Games and the Null Space of the Shapley Value," Mathematics of Operations Research, INFORMS, vol. 10(2), pages 233-243, May.
    5. René Brink & Yukihiko Funaki & Yuan Ju, 2013. "Reconciling marginalism with egalitarianism: consistency, monotonicity, and implementation of egalitarian Shapley values," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 40(3), pages 693-714, March.
    6. Norman Kleinberg & Jeffrey Weiss, 2013. "On membership and marginal values," International Journal of Game Theory, Springer;Game Theory Society, vol. 42(2), pages 357-373, May.
    7. Yan-An Hwang, 2006. "Associated consistency and equal allocation of nonseparable costs," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 28(3), pages 709-719, August.
    8. Norman Kleinberg, 2015. "A note on the Sobolev consistency of linear symmetric values," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 44(4), pages 765-779, April.
    9. Theo Driessen, 2010. "Associated consistency and values for TU games," International Journal of Game Theory, Springer;Game Theory Society, vol. 39(3), pages 467-482, July.
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    Cited by:

    1. Wenzhong Li & Genjiu Xu & Hao Sun, 2020. "Maximizing the Minimal Satisfaction—Characterizations of Two Proportional Values," Mathematics, MDPI, vol. 8(7), pages 1-17, July.

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