Nullified equal loss property and equal division values

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TitreNullified equal loss property and equal division values
Type de publicationJournal Article
Year of Publication2017
AuteursFerrieres S
JournalTHEORY AND DECISION
Volume83
Pagination385-406
Date PublishedOCT
Type of ArticleArticle
ISSN0040-5833
Mots-clésBargaining under risk, Common-pool resource, Equal division, Equal surplus division, Player nullification
Résumé

We provide characterizations of the equal division values and their convex mixtures, using a new axiom on a fixed player set based on player nullification which requires that if a player becomes null, then any two other players are equally affected. Two economic applications are also introduced concerning bargaining under risk and common-pool resource appropriation.

DOI10.1007/s11238-017-9604-1