Owen coalitional value without additivity axiom

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Abstract

We show that the Owen value for TU games with coalition structure can be characterized without 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 replacement of the additivity and null-player axioms 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.
Original languageUndefined
Place of PublicationEnschede
PublisherUniversity of Twente, Department of Applied Mathematics
Number of pages8
ISBN (Print)0169-2690
Publication statusPublished - 2005

Publication series

NameMemorandum Afdeling TW
PublisherUniversity of Twente, Department of Applied Mathematics
No.1761
ISSN (Print)0169-2690

Keywords

  • EWI-3581
  • MSC-91A12
  • IR-65945
  • METIS-227056

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