Name
Abstract | ||
|---|---|---|
In this paper, we introduce a new value called \(\alpha \)-ENSC value which is a convex combination of egalitarian non-separable contribution value (ENSC value) and the equal division value (ED value). The \(\alpha \)-ENSC value reconciles two economic thoughts: egoism and altruism. We study an allocation process under the assumption that players are partially egocentric, and the final outcome happens to be the \(\alpha \)-ENSC value. The \(\alpha \)-ENSC value is also the optimal solution for corresponding optimization models under certain complaint criterion. Several new properties are proposed to characterize the \(\alpha \)-ENSC value, including \(\alpha \)-dual individual rationality, \(\alpha \)-egocentric inessential game property and grand marginal contribution monotonicity. |
Year | Venue | Keywords |
|---|---|---|
2017 | Math. Meth. of OR | Cooperative game, ENSC value, ED value, Allocation process, Axiomatization |
Field | DocType | Volume |
Alpha (ethology),Discrete mathematics,Monotonic function,Mathematical optimization,Mathematical economics,Rationality,Altruism,Convex combination,Ethical egoism,Mathematics | Journal | 86 |
Issue | Citations | PageRank |
2 | 1 | 0.39 |
References | Authors | |
4 | 4 | |
Name | Order | Citations | PageRank |
|---|---|---|---|
| Panfei Sun | 1 | 2 | 2.12 |
| Dongshuang Hou | 2 | 11 | 6.27 |
| Hao Sun | 3 | 31 | 10.18 |
| Hui Zhang | 4 | 403 | 71.41 |