Fairness and Fairness for Neighbors: The Difference between the Myerson Value and Component-Wise Egalitarian Solutions - HAL-SHS - Sciences de l'Homme et de la Société
Article Dans Une Revue Economics Letters Année : 2012

Fairness and Fairness for Neighbors: The Difference between the Myerson Value and Component-Wise Egalitarian Solutions

Résumé

We replace the axiom of fairness used in the characterization of the Myerson value (Myerson, 1977) by fairness for neighbors in order to characterize the component-wise egalitarian solution. When a link is broken, fairness states that the two players incident to the link should be affected similarly while fairness for neighbors states that a player incident to the link and any of his other neighbors should be affected similarly. Fairness for neighbors is also used to characterize the component-wise egalitarian surplus solution and a two-step egalitarian surplus solution. These results highlight that egalitarian and marginalistic allocation rules can be obtained by applying the same equal gain/loss property to different types of player

Dates et versions

halshs-00699641 , version 1 (21-05-2012)

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Citer

Sylvain Béal, Éric Rémila, Philippe Solal. Fairness and Fairness for Neighbors: The Difference between the Myerson Value and Component-Wise Egalitarian Solutions. Economics Letters, 2012, 117 (1), pp.263-267. ⟨10.1016/j.econlet.2012.05.020⟩. ⟨halshs-00699641⟩
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