Browsing Faculté des arts et des sciences – Département de sciences économiques - Travaux et publications by Subject "Shapley value"

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  • An Axiomatization of the Serial Cost-Sharing Method 

    Sprumont, Yves (Université de Montréal. Département de sciences économiques., 2009-12)
    We o¤er an axiomatization of the serial cost-sharing method of Friedman and Moulin (1999). The key property in our axiom system is Group Demand Monotonicity, asking that when a group of agents raise their demands, not all of them should pay less.

  • Externalities, Potential, Value and Consistency 

    Dutta, Bhaskar; Ehlers, Lars; KAR, Anirban (Université de Montréal. Département de sciences économiques., 2008-04)
    We provide new characterization results for the value of games in partition function form. In particular, we use the potential of a game to define the value. We also provide a characterization of the class of values which satisfies one form of reduced ...