Nullified equal loss property and equal division values
Affiliation auteurs | !!!! Error affiliation !!!! |
Titre | Nullified equal loss property and equal division values |
Type de publication | Journal Article |
Year of Publication | 2017 |
Auteurs | Ferrieres S |
Journal | THEORY AND DECISION |
Volume | 83 |
Pagination | 385-406 |
Date Published | OCT |
Type of Article | Article |
ISSN | 0040-5833 |
Mots-clés | Bargaining 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. |
DOI | 10.1007/s11238-017-9604-1 |