An extension of the τ-value to games with coalition structures

An extension of the τ-value to games with coalition structures

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Article ID: iaor20042784
Country: Netherlands
Volume: 148
Issue: 3
Start Page Number: 494
End Page Number: 513
Publication Date: Aug 2003
Journal: European Journal of Operational Research
Authors: , , ,
Keywords: transportation: air
Abstract:

We introduce the coalitional τ-value, which is an extension of the τ-value for TU-games to games with a coalition structure. We identify a class of TU-games that satisfy the property that for every game in this class and every coalition structure on its player set it holds that the coalitional τ-value can be defined for the corresponding game with a coalition structure. We study properties of the coalitional τ-value and provide an axiomatic chacterization of this allocation rule. We use the coalitional τ-value to study bankruptcy problems and the determination of aircraft landing fees.

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