Owen coalitional value without additivity axiom

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Khmelnitskaya, A.B. and Yanovskaya, E.B. (2007) Owen coalitional value without additivity axiom. Mathematical methods of operations research, 66 (2). pp. 255-261. ISSN 1432-2994

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Abstract:We show that the Owen value for TU games with coalition structure can be characterized without the additivity axiom similarly as it was done by Young for the Shapley value for general TU games. Our axiomatization via four axioms of efficiency, marginality, symmetry across coalitions, and symmetry within coalitions is obtained from the original Owen’s one by the replacement of additivity and null-player via marginality. We show that the alike axiomatization for the generalization of the Owen value suggested by Winter for games with level structure is valid as well.
Item Type:Article
Copyright:© 2007 Springer
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Electrical Engineering, Mathematics and Computer Science (EEMCS)
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Link to this item:http://purl.utwente.nl/publications/82129
Official URL:http://dx.doi.org/10.1007/s00186-006-0119-8
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