In this paper, we provide further support for the family of average values for games with externalities de\u85ned in Macho-Stadler et al. (2007). This is a large family of values that includes several recent proposals. We show that they can be constructed through the sharing of appropriately de\u85ned dividends. Furthermore, we show the exibility of this approach by using it to generate non-symmetric values. We thank Guillaume Haeringer for his comments. We gratefully acknowledge the \u85nancial suppor
Economic activities, both on the macro and micro level, often entail wide-spread externalities. This...
We propose a new solution concept to address the problem of sharing a surplus among the agents gener...
I prove existence and uniqueness of a component efficient and fair allocation rule when the value of...
Financial support from ECO2009-07616, 2009SGR-169, Consolider-Ingenio CSD2006-00016, Barcelona Econo...
We consider cooperative environments with externalities (games in partition function form) and provi...
For games in partition function form, we explore the implications of distinguishing between the conc...
The concept of dividend of a coalition introduced by Harsanyi in 1959 within the framework of transf...
For games in partition function form, we explore the implications of distinguishing between the conc...
International audienceEndogenous sharing rules were introduced by Simon and Zame [16] to model payof...
Until recently, computational aspects of the Shapley value were only studied under the assumption th...
In this note we characterize the restriction of the externality-free value of de Clippel and Serrano...
Economic activities, both on the macro and micro level, often entail wide-spread externalities. This...
We propose a new solution concept to address the problem of sharing a surplus among the agents gener...
I prove existence and uniqueness of a component efficient and fair allocation rule when the value of...
Financial support from ECO2009-07616, 2009SGR-169, Consolider-Ingenio CSD2006-00016, Barcelona Econo...
We consider cooperative environments with externalities (games in partition function form) and provi...
For games in partition function form, we explore the implications of distinguishing between the conc...
The concept of dividend of a coalition introduced by Harsanyi in 1959 within the framework of transf...
For games in partition function form, we explore the implications of distinguishing between the conc...
International audienceEndogenous sharing rules were introduced by Simon and Zame [16] to model payof...
Until recently, computational aspects of the Shapley value were only studied under the assumption th...
In this note we characterize the restriction of the externality-free value of de Clippel and Serrano...
Economic activities, both on the macro and micro level, often entail wide-spread externalities. This...
We propose a new solution concept to address the problem of sharing a surplus among the agents gener...
I prove existence and uniqueness of a component efficient and fair allocation rule when the value of...