Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/43805
Authors: 
Dimitrov, Dinko
Haake, Claus-Jochen
Year of Publication: 
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: 
Document Type: 
Working Paper

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