[PDF][PDF] An axiomatization of the consistent non-transferable utility value.
S Hart - International Journal of Game Theory, 2005 - math1.math.huji.ac.il
International Journal of Game Theory, 2005•math1.math.huji.ac.il
… The Maschler–Owen consistent value for non-transferable utility games is axiomatized,
by means of a marginality axiom. … We will provide here (in Section 4) another
axiomatization for the Maschler–Owen consistent NTU-value, which is based on an axiom
of marginality, originally introduced by Young [1985] for the Shapley TU-value and used by
Hart [1994] for the subclass of hyperplane games. The axiom of MARGINALITY requires the
value of a player to depend only on his ‘‘marginal contributions.’’ While the definition of ‘‘marginal …
by means of a marginality axiom. … We will provide here (in Section 4) another
axiomatization for the Maschler–Owen consistent NTU-value, which is based on an axiom
of marginality, originally introduced by Young [1985] for the Shapley TU-value and used by
Hart [1994] for the subclass of hyperplane games. The axiom of MARGINALITY requires the
value of a player to depend only on his ‘‘marginal contributions.’’ While the definition of ‘‘marginal …
Abstract
The Maschler–Owen consistent value for non-transferable utility games is axiomatized, by means of a marginality axiom.
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