Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/288498 
Authors: 
Year of Publication: 
2020
Citation: 
[Journal:] International Journal of Game Theory [ISSN:] 1432-1270 [Volume:] 49 [Issue:] 3 [Publisher:] Springer [Place:] Berlin, Heidelberg [Year:] 2020 [Pages:] 851-873
Publisher: 
Springer, Berlin, Heidelberg
Abstract: 
A new concept for TU-values, called value dividends, is introduced. Similar to Harsanyi dividends, value dividends are defined recursively and provide new characterizations of values from the Harsanyi set. In addition, we generalize the Harsanyi set where each of the TU-values from this set is defined by the distribution of the Harsanyi dividends via sharing function systems and give an axiomatic characterization. As a TU value from the generalized Harsanyi set, we present the proportional Harsanyi solution, a new proportional solution concept. A new characterization of the Shapley value is proposed as a side effect. None of our characterizations uses additivity.
Subjects: 
TU-game
Value dividends
(Generalized) Harsanyi set
Weighted Shapley values
(Proportional) Harsanyi solution
Sharing function systems
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Creative Commons License: 
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Document Type: 
Article
Document Version: 
Published Version

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