Article ID Journal Published Year Pages File Type
1142061 Operations Research Letters 2016 6 Pages PDF
Abstract

Marginalism and egalitarianism are two main standpoints in economics. The Shapley value has been characterized in many ways from the view of marginalism. In this paper, we characterize the Solidarity value with respect to the egalitarianism by three approaches applied to the Shapley value. We introduce a revised potential function and deduce the recursive formula of the Solidarity value. It is also characterized by the property of quasi-balanced contributions. Finally, we provide a non-cooperative procedure leading to the Solidarity value.

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Related Topics
Physical Sciences and Engineering Mathematics Discrete Mathematics and Combinatorics
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