Partially symmetric values

Partially symmetric values

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Article ID: iaor20041121
Country: United States
Volume: 25
Issue: 4
Start Page Number: 573
End Page Number: 590
Publication Date: Nov 2000
Journal: Mathematics of Operations Research
Authors:
Abstract:

We consider spaces of differentiable nonatomic and mixed vector measure games, pNA and pM, with finitely or countably many types of players. Type-symmetric values on these spaces of games are investigated (all Aumann and Shapley conditions except symmetry are assumed, the latter being replaced by a weaker assumption of variance under automorphisms of the space of players that preserve each type. We show that if the types are uncountable, then type-symmetric values are random path values. In particular, the symmetric values on pM are characterized as mixtures of values defined by Hart.

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