Title
Axiomatizations and a Noncooperative Interpretation of the α-CIS Value
Abstract
In economic allocation problems, egalitarianism and marginalism are two major thoughts to distribute the benefits of cooperation. The alpha-CIS value reconciles the two thoughts in some variable extent by a parameter alpha is an element of [ 0, 1]. The alpha-CIS value is the center of gravity of the corresponding alpha-imputation set given the alpha-imputation set is nonempty. From the cooperative perspective, we present several axiomatizations of the alpha-CIS value using alpha-individual rationality or alpha-dummifying player property. Finally, we provide a noncooperative interpretation of the alpha-CIS value by a bidding mechanism.
Year
DOI
Venue
2015
10.1142/S0217595915500311
ASIA-PACIFIC JOURNAL OF OPERATIONAL RESEARCH
Keywords
Field
DocType
TU game,CIS value,equal division solution,axiomatization,bidding mechanism
Mathematical economics,Economics,Rationality,Microeconomics,Egalitarianism,Bidding,Center of gravity,Marginalism
Journal
Volume
Issue
ISSN
32
5
0217-5959
Citations 
PageRank 
References 
3
0.52
4
Authors
3
Name
Order
Citations
PageRank
Genjiu Xu1307.31
Han Dai260.99
Haobin Shi32610.10