TY - JOUR
T1 - Dividends and weighted values in games with externalities
AU - Macho-Stadler, Inés
AU - Pérez-Castrillo, David
AU - Wettstein, David
PY - 2010/3/1
Y1 - 2010/3/1
N2 - In this paper, we provide further support for the family of average values for games with externalities defined in Macho-Stadler et al. (J Econ Theory 135:339-356, 2007). This is a large family of values that includes several recent proposals. We show that they can be constructed through the sharing of appropriately defined dividends. Furthermore, we show the flexibility of this approach by using it to generate non-symmetric values. © Springer-Verlag 2009.
AB - In this paper, we provide further support for the family of average values for games with externalities defined in Macho-Stadler et al. (J Econ Theory 135:339-356, 2007). This is a large family of values that includes several recent proposals. We show that they can be constructed through the sharing of appropriately defined dividends. Furthermore, we show the flexibility of this approach by using it to generate non-symmetric values. © Springer-Verlag 2009.
KW - Dividends
KW - Games with externalities
KW - Sharing rules
U2 - https://doi.org/10.1007/s00182-009-0207-0
DO - https://doi.org/10.1007/s00182-009-0207-0
M3 - Article
SN - 0020-7276
VL - 39
SP - 177
EP - 184
JO - International Journal of Game Theory
JF - International Journal of Game Theory
ER -