Title
A-potential function and a non-cooperative foundation for the Solidarity value.
Abstract
Marginalism and egalitarianism are two main standpoints in economics. The Shapley value has been characterized in many ways from the view of marginalism. In this paper, we characterize the Solidarity value with respect to the egalitarianism by three approaches applied to the Shapley value. We introduce a revised potential function and deduce the recursive formula of the Solidarity value. It is also characterized by the property of quasi-balanced contributions. Finally, we provide a non-cooperative procedure leading to the Solidarity value.
Year
DOI
Venue
2016
10.1016/j.orl.2015.12.002
Operations Research Letters
Keywords
Field
DocType
TU game,Solidarity value,Potential,Balanced contribution,Non-cooperative procedure
Solidarity,Mathematical economics,Shapley value,Egalitarianism,Mathematics,Recursion,Marginalism
Journal
Volume
Issue
ISSN
44
1
0167-6377
Citations 
PageRank 
References 
3
0.48
5
Authors
4
Name
Order
Citations
PageRank
Genjiu Xu1307.31
Han Dai260.99
Dongshuang Hou330.48
Hao Sun43110.18