Weakly monotonic solutions for cooperative games

成果类型:
Article
署名作者:
Casajus, Andre; Huettner, Frank
署名单位:
HHL Leipzig Graduate School of Management
刊物名称:
JOURNAL OF ECONOMIC THEORY
ISSN/ISSBN:
0022-0531
DOI:
10.1016/j.jet.2014.09.004
发表日期:
2014
页码:
162-172
关键词:
Egalitarian Shapley values redistribution Solidarity TU games Weak monotonicity
摘要:
The principle of weak monotonicity for cooperative games states that if a game changes so that the worth of the grand coalition and some player's marginal contribution to all coalitions increase or stay the same, then this player's payoff should not decrease. We investigate the class of values that satisfy efficiency, symmetry, and weak monotonicity. It turns out that this class coincides with the class of egalitarian Shapley values. Thus, weak monotonicity reflects the nature of the egalitarian Shapley values in the same vein as strong monotonicity reflects the nature of the Shapley value. An egalitarian Shapley value redistributes the Shapley payoffs as follows: First, the Shapley payoffs are taxed proportionally at a fixed rate. Second, the total tax revenue is distributed equally among all players. (c) 2014 Elsevier Inc. All rights reserved.