We provide two axiomatic characterizations of the kernel of TU games by means of both bilateral consistency and converse consistency with respect to two types of two-person reduced games. According to the first type, the worth of any single player in the two-person reduced game is derived from the difference of player's positive (instead of maximum) surpluses. According to the second type, the worth of any single player in the two-person reduced game either coincides with the two-person max reduced game or refers to the constrained equal loss rule applied to an appropriate two-person bankruptcy problem, the claims of which are given by the player's positve surpluses.
|Name||Memorandum Faculty of Mathematical Sciences|
|Publisher||Department of Applied Mathematics, University of Twente|