Population monotonic solutions on convex games

Population monotonic solutions on convex games

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Article ID: iaor20013507
Country: Germany
Volume: 29
Issue: 3
Start Page Number: 327
End Page Number: 338
Publication Date: Jan 2000
Journal: International Journal of Game Theory
Authors:
Abstract:

The Dutta–Ray solution and the Shapley value are two well-known examples of population-monotonic solutions on the domain of convex games. We provide a new formula for the Dutta–Ray solution from which population-monotonicity immediately follows. Then we define a new family of population-monotonic solutions, which we refer to as ‘sequential Dutta–Ray solutions’. We also show that it is possible to contruct several symmetric and population-monotonic solutions by using the solutions in this family.

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