IDEAS home Printed from https://ideas.repec.org/p/crb/wpaper/2016-01.html
   My bibliography  Save this paper

Smoothness, nullified equal loss property and equal division values

Author

Listed:
  • Sylvain Ferrières

    (Université de Bourgogne Franche-Comté, CRESE)

Abstract

We provide characterizations of the equal division values and their convex mixtures, using a new axiom on a fixed player set based on player nullification which requires that if a player becomes null, then any two other players are equally affected. Meanwhile, we also present a global and useful framework which enables differential calculus within the space of values, allowing to smoothly implement other axioms.

Suggested Citation

  • Sylvain Ferrières, 2016. "Smoothness, nullified equal loss property and equal division values," Working Papers 2016-01, CRESE.
    • Handle: RePEc:crb:wpaper:2016-01
    as

    Download full text from publisher

    File URL: https://crese.univ-fcomte.fr/uploads/wp/WP-2016-01.pdf
    File Function: First version, 2016
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    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 & Ferrières, Sylvain & Rémila, Eric & Solal, Philippe, 2016. "Axiomatic characterizations under players nullification," Mathematical Social Sciences, Elsevier, vol. 80(C), pages 47-57.
    3. 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.
    4. Béal, Sylvain & Rémila, Eric & Solal, Philippe, 2015. "Preserving or removing special players: What keeps your payoff unchanged in TU-games?," Mathematical Social Sciences, Elsevier, vol. 73(C), pages 23-31.
    5. Graham, Daniel A & Marshall, Robert C & Richard, Jean-Francois, 1990. "Differential Payments within a Bidder Coalition and the Shapley Value," American Economic Review, American Economic Association, vol. 80(3), pages 493-510, June.
    6. René Brink & Yukihiko Funaki, 2009. "Axiomatizations of a Class of Equal Surplus Sharing Solutions for TU-Games," Theory and Decision, Springer, vol. 67(3), pages 303-340, September.
    7. Debreu, Gerard, 1972. "Smooth Preferences," Econometrica, Econometric Society, vol. 40(4), pages 603-615, July.
    8. S. C. Littlechild & G. Owen, 1973. "A Simple Expression for the Shapley Value in a Special Case," Management Science, INFORMS, vol. 20(3), pages 370-372, November.
    9. William Thomson, 2007. "Cost allocation and airport problems," RCER Working Papers 537, University of Rochester - Center for Economic Research (RCER).
    10. Maniquet, Francois, 2003. "A characterization of the Shapley value in queueing problems," Journal of Economic Theory, Elsevier, vol. 109(1), pages 90-103, March.
    11. Jean J. M. Derks & Hans H. Haller, 1999. "Null Players Out? Linear Values For Games With Variable Supports," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 1(03n04), pages 301-314.
    12. Casajus, André & Hüttner, Frank, 2012. "Nullifying vs. dummifying players or nullified vs. dummified players: The difference between the equal division value and the equal surplus division value," Working Papers 110, University of Leipzig, Faculty of Economics and Management Science.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Takumi Kongo, 2018. "Effects of Players’ Nullification and Equal (Surplus) Division Values," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 20(01), pages 1-14, March.
    2. Koji Yokote & Takumi Kongo & Yukihiko Funaki, 2021. "Redistribution to the less productive: parallel characterizations of the egalitarian Shapley and consensus values," Theory and Decision, Springer, vol. 91(1), pages 81-98, July.
    3. Koji Yokote & Takumi Kongo & Yukihiko Funaki, 2019. "Relationally equal treatment of equals and affine combinations of values for TU games," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 53(2), pages 197-212, August.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. 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.
    2. Sylvain Ferrières, 2017. "Nullified equal loss property and equal division values," Theory and Decision, Springer, vol. 83(3), pages 385-406, October.
    3. Zhengxing Zou & Rene van den Brink, 2020. "Sharing the Surplus and Proportional Values," Tinbergen Institute Discussion Papers 20-014/II, Tinbergen Institute.
    4. Zhengxing Zou & René Brink & Yukihiko Funaki, 2022. "Sharing the surplus and proportional values," Theory and Decision, Springer, vol. 93(1), pages 185-217, July.
    5. René Brink & Yukihiko Funaki, 2009. "Axiomatizations of a Class of Equal Surplus Sharing Solutions for TU-Games," Theory and Decision, Springer, vol. 67(3), pages 303-340, September.
    6. Béal, Sylvain & Rémila, Eric & Solal, Philippe, 2015. "Preserving or removing special players: What keeps your payoff unchanged in TU-games?," Mathematical Social Sciences, Elsevier, vol. 73(C), pages 23-31.
    7. Yokote, Koji & Funaki, Yukihiko & Kamijo, Yoshio, 2017. "Coincidence of the Shapley value with other solutions satisfying covariance," Mathematical Social Sciences, Elsevier, vol. 89(C), pages 1-9.
    8. Béal, Sylvain & Ferrières, Sylvain & Rémila, Eric & Solal, Philippe, 2018. "The proportional Shapley value and applications," Games and Economic Behavior, Elsevier, vol. 108(C), pages 93-112.
    9. Takumi Kongo, 2020. "Similarities in axiomatizations: equal surplus division value and first-price auctions," Review of Economic Design, Springer;Society for Economic Design, vol. 24(3), pages 199-213, December.
    10. Koji Yokote & Takumi Kongo & Yukihiko Funaki, 2019. "Relationally equal treatment of equals and affine combinations of values for TU games," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 53(2), pages 197-212, August.
    11. 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.
    12. Youngsub Chun & Boram Park, 2012. "Population solidarity, population fair-ranking, and the egalitarian value," International Journal of Game Theory, Springer;Game Theory Society, vol. 41(2), pages 255-270, May.
    13. Koji Yokote & Takumi Kongo & Yukihiko Funaki, 2021. "Redistribution to the less productive: parallel characterizations of the egalitarian Shapley and consensus values," Theory and Decision, Springer, vol. 91(1), pages 81-98, July.
    14. Sylvain Béal & Eric Rémila & Philippe Solal, 2019. "Coalitional desirability and the equal division value," Theory and Decision, Springer, vol. 86(1), pages 95-106, February.
    15. Sylvain Béal & Marc Deschamps & Catherine Refait-Alexandre & Guillaume Sekli, 2022. "Early contributors, cooperation and fair rewards in crowdfunding," Working Papers hal-04222321, HAL.
    16. Sylvain Béal & Eric Rémila & Philippe Solal, 2015. "Discounted Tree Solutions," Working Papers hal-01377923, HAL.
    17. Gustavo Bergantiños & Juan D. Moreno-Ternero, 2022. "On the axiomatic approach to sharing the revenues from broadcasting sports leagues," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 58(2), pages 321-347, February.
    18. Zou, Zhengxing & van den Brink, René, 2020. "Equal loss under separatorization and egalitarian values," Economics Letters, Elsevier, vol. 194(C).
    19. René Brink & P. Herings & Gerard Laan & A. Talman, 2015. "The Average Tree permission value for games with a permission tree," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 58(1), pages 99-123, January.
    20. Zhengxing Zou & René Brink & Youngsub Chun & Yukihiko Funaki, 2021. "Axiomatizations of the proportional division value," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 57(1), pages 35-62, July.

    More about this item

    Keywords

    Player nullification; smoothness; equal division; equal surplus division;
    All these keywords.

    JEL classification:

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

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:crb:wpaper:2016-01. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Lauent Kondratuk (email available below). General contact details of provider: https://edirc.repec.org/data/crufcfr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.