On the Equal Division Core

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Abstract

The Equal Division Core (EDC) of a transferable utility cooperative game (TU game) is the set of efficient pay-off vectors for the grand coalition which are not blocked by the equal division allocation for any sub-coalition. Our objective is to provide an axiomatic characterization of the EDC as a solution of TU games.

Original languageEnglish
Pages (from-to)391-399
Number of pages9
JournalSocial Choice and Welfare
Volume22
Issue number2
DOIs
Publication statusPublished - Apr 2004

Keywords

  • EGALITARIAN SOLUTION
  • CONVEX GAMES
  • AXIOMATIZATION

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