Béal, Sylvain and Rémila, Eric and Solal, Philippe (2012): Axioms of invariance for TU-games.
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We introduce new axioms for the class of all TU-games with a fixed but arbitrary player set, which require either invariance of an allocation rule or invariance of the payoff assigned by an allocation rule to a specified subset of players in two related TU-games. Comparisons with other axioms are provided. These new axioms are used to characterize the Shapley value, the equal division rule, the equal surplus division rule and the Banzhaf value. The classical axioms of efficiency, anonymity, symmetry and additivity are not used.
|Item Type:||MPRA Paper|
|Original Title:||Axioms of invariance for TU-games|
|Keywords:||uniform addition invariance ; uniform transfer invariance ; Shapley value ; equal division rule ; equal surplus division rule ; Banzhaf value|
|Subjects:||C - Mathematical and Quantitative Methods > C7 - Game Theory and Bargaining Theory > C71 - Cooperative Games|
|Depositing User:||Sylvain Béal|
|Date Deposited:||24. Sep 2012 16:43|
|Last Modified:||12. Feb 2013 02:44|
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