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A Decomposition of the Space of TU-games Using Addition and Transfer Invariance

Author

Listed:
  • Sylvain Béal

    (CRESE, Université de Franche-Comté)

  • Eric Rémila

    (Gate Lyon Saint-Etienne, Université de Saint-etienne)

  • Philippe Solal

    (Gate Lyon Saint-Etienne, Université de Saint-etienne)

Abstract

In Béal et al. (2013) two new axioms of invariance, called Addition invariance and Transfer invariance respectively, are introduced to design allocation rules for TU-games. Here, we derive direct sum decompositions of the linear space of TU-games by using the TU-games selected to construct the operations of Addition and Transfer. These decompositions allow us to recover previous characterization results obtained by Béal et al. (2013), to provide new characterizations of well-known (class of) of allocation rules and also to design new allocation rules.

Suggested Citation

  • Sylvain Béal & Eric Rémila & Philippe Solal, 2013. "A Decomposition of the Space of TU-games Using Addition and Transfer Invariance," Working Papers 2013-08, CRESE.
    • Handle: RePEc:crb:wpaper:2013-08
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    References listed on IDEAS

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    1. Sylvain Béal & Eric Rémila & Philippe Solal, 2015. "Axioms of invariance for TU-games," International Journal of Game Theory, Springer;Game Theory Society, vol. 44(4), pages 891-902, November.
    2. Yuan Ju & Peter Borm & Pieter Ruys, 2007. "The consensus value: a new solution concept for cooperative games," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 28(4), pages 685-703, June.
    3. Nowak, Andrzej S & Radzik, Tadeusz, 1994. "A Solidarity Value for n-Person Transferable Utility Games," International Journal of Game Theory, Springer;Game Theory Society, vol. 23(1), pages 43-48.
    4. Ruiz, Luis M. & Valenciano, Federico & Zarzuelo, Jose M., 1998. "The Family of Least Square Values for Transferable Utility Games," Games and Economic Behavior, Elsevier, vol. 24(1-2), pages 109-130, July.
    5. Chun, Youngsub, 1989. "A new axiomatization of the shapley value," Games and Economic Behavior, Elsevier, vol. 1(2), pages 119-130, June.
    6. 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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    Citations

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    Cited by:

    1. Sylvain Béal & André Casajus & Frank Huettner & Eric Rémila & Philippe Solal, 2016. "Characterizations of weighted and equal division values," Theory and Decision, Springer, vol. 80(4), pages 649-667, April.
    2. Béal, Sylvain & Rémila, Eric & Solal, Philippe, 2015. "Characterization of the Average Tree solution and its kernel," Journal of Mathematical Economics, Elsevier, vol. 60(C), pages 159-165.
    3. Sylvain Béal & Eric Rémila & Philippe Solal, 2014. "Decomposition of the space of TU-games, Strong Transfer Invariance and the Banzhaf value," Working Papers 2014-05, CRESE.

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    More about this item

    Keywords

    addition invariance; transfer invariance; direct-sum decomposition; allocation rules;
    All these keywords.

    JEL classification:

    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games

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