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Title:Nullifying vs. dummifying players or nullified vs. dummified players: The difference between the equal division value and the equal surplus division value PDF Logo
Authors:Casajus, André
Hüttner, Frank
Issue Date:2012
Series/Report no.:Working Paper, Universität Leipzig, Wirtschaftswissenschaftliche Fakultät 110
Abstract:We provide new characterizations of the equal surplus division value and the equal division value as well as of the class of their convex mixtures. This way, the difference between the Shapley value, the equal division value, and the equal surplus division value is pinpointed to one axiom. Moreover, we shed light on solidarity principles embodied in the equal division value and in the equal surplus division values.
Subjects:solidarity
nullifying player
equal division value
equal surplus division value
desirability
JEL:C71
D60
Document Type:Working Paper
Appears in Collections:Working Papers, Universität Leipzig

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