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 language | English |
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Pages (from-to) | 391-399 |
Number of pages | 9 |
Journal | Social Choice and Welfare |
Volume | 22 |
Issue number | 2 |
DOIs | |
Publication status | Published - Apr 2004 |
Keywords
- EGALITARIAN SOLUTION
- CONVEX GAMES
- AXIOMATIZATION