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Contributions to Game Theory and Management, 2014, Volume 7, Pages 17–23
(Mi cgtm216)
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Efficient Myerson value for union stable structures
Hua Dong, Hao Sun, Genjiu Xu Department of Applied Mathematics, Northwestern Polytechnical University, Xi’an, 710072, China
Abstract:
In this work, an axiomatization of a new value for union stable structures, efficient Myerson value, is shown by average equity, redundant fairness, superfluous component property and other three properties. And the independence of the axioms is illustrated. Besides, the difference of three values, efficient Myerson value, the two-step Shapley value and collective value, is shown.
Keywords:
Union stable structure; average equity; redundant fairness.
Citation:
Hua Dong, Hao Sun, Genjiu Xu, “Efficient Myerson value for union stable structures”, Contributions to Game Theory and Management, 7 (2014), 17–23
Linking options:
https://www.mathnet.ru/eng/cgtm216 https://www.mathnet.ru/eng/cgtm/v7/p17
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