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http://hdl.handle.net/10419/43805
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| Title: | | An axiomatic approach to composite solutions  |
| Authors: | | Dimitrov, Dinko Haake, Claus-Jochen |
| Issue Date: | | 2006 |
| Series/Report no.: | | Working papers // Institute of Mathematical Economics 385 |
| Abstract: | | We investigate a situation in which gains from cooperation are represented by a cooperative TU-game and a solution proposes a division of coalitional worths. In addition, asymmetries among players outside the game are captured by a vector of exogenous weights. If a solution measures players' payoffs inherent in the game, and a coalition has formed, then the question is how to measure players' overall payoffs in that coalition. For this we introduce the notion of a composite solution. We provide an axiomatic characterization of a specific composite solution, in which exogenous weights enter in a proportional fashion. |
| Subjects: | | Composite solution External weights |
| JEL: | | C71 |
| Persistent Identifier of the first edition: | | urn:nbn:de:hbz:361-10140 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Working Papers, Institute of Mathematical Economics, Universität Bielefeld
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