A note on compromise values

A note on compromise values

0.00 Avg rating0 Votes
Article ID: iaor20013518
Country: Germany
Volume: 51
Issue: 3
Start Page Number: 471
End Page Number: 478
Publication Date: Jan 2000
Journal: Mathematical Methods of Operations Research (Heidelberg)
Authors:
Abstract:

The aim of this note is to provide a unified theory of all compromise values defined as the τ-value in cooperative game theory. The so-called covariance property plays a crucial role in our approach and, related to this property, a family of covariant compromise values is introduced. The mentioned characterization is obtained by means of the covariance, efficiency and certain specific proportionality properties. We also prove that the Shapley value belongs to this family, when one is confined to the class of zero-normalized games.

Reviews

Required fields are marked *. Your email address will not be published.