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On egalitarian values for cooperative games with level structures

Author

Listed:
  • J. M. Alonso-Meijide

    (Universidade de Santiago de Compostela)

  • J. Costa

    (Universidade da Coruña)

  • I. García-Jurado

    (Universidade da Coruña)

  • J. C. Gonçalves-Dosantos

    (Universidade da Coruña)

Abstract

In this paper we extend the equal division and the equal surplus division values for transferable utility cooperative games to the more general setup of transferable utility cooperative games with level structures. In the case of the equal surplus division value we propose three possible extensions, one of which has already been described in the literature. We provide axiomatic characterizations of the values considered, apply them to a particular cost sharing problem and compare them in the framework of such an application.

Suggested Citation

  • J. M. Alonso-Meijide & J. Costa & I. García-Jurado & J. C. Gonçalves-Dosantos, 2023. "On egalitarian values for cooperative games with level structures," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 98(1), pages 57-73, August.
    • Handle: RePEc:spr:mathme:v:98:y:2023:i:1:d:10.1007_s00186-023-00824-1
    DOI: 10.1007/s00186-023-00824-1
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    References listed on IDEAS

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    1. Casajus, André & Huettner, Frank, 2014. "Null, nullifying, or dummifying players: The difference between the Shapley value, the equal division value, and the equal surplus division value," Economics Letters, Elsevier, vol. 122(2), pages 167-169.
    2. Winter, Eyal, 1989. "A Value for Cooperative Games with Levels Structure of Cooperation," International Journal of Game Theory, Springer;Game Theory Society, vol. 18(2), pages 227-240.
    3. Xun-Feng Hu & Deng-Feng Li, 2021. "The Equal Surplus Division Value for Cooperative Games with a Level Structure," Group Decision and Negotiation, Springer, vol. 30(6), pages 1315-1341, December.
    4. J. M. Alonso-Meijide & J. Costa & I. García-Jurado & J. C. Gonçalves-Dosantos, 2020. "On egalitarian values for cooperative games with a priori unions," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 28(3), pages 672-688, October.
    5. van den Brink, Rene, 2007. "Null or nullifying players: The difference between the Shapley value and equal division solutions," Journal of Economic Theory, Elsevier, vol. 136(1), pages 767-775, September.
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