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The principle of balanced contributions and hierarchies of cooperation

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The principle of balanced contributions and hierarchies of cooperation. / Calvo, E.; Lasaga, J.J.; Winter, E.
In: Mathematical Social Sciences, Vol. 31, No. 3, 06.1996, p. 171-182.

Research output: Contribution to Journal/Magazine › Journal article › peer-review

Harvard

Calvo, E, Lasaga, JJ & Winter, E 1996, 'The principle of balanced contributions and hierarchies of cooperation', Mathematical Social Sciences, vol. 31, no. 3, pp. 171-182. https://doi.org/10.1016/0165-4896(95)00806-3

APA

Calvo, E., Lasaga, J. J., & Winter, E. (1996). The principle of balanced contributions and hierarchies of cooperation. Mathematical Social Sciences, 31(3), 171-182. https://doi.org/10.1016/0165-4896(95)00806-3

Vancouver

Calvo E, Lasaga JJ, Winter E. The principle of balanced contributions and hierarchies of cooperation. Mathematical Social Sciences. 1996 Jun;31(3):171-182. doi: 10.1016/0165-4896(95)00806-3

Author

Calvo, E. ; Lasaga, J.J. ; Winter, E. / The principle of balanced contributions and hierarchies of cooperation. In: Mathematical Social Sciences. 1996 ; Vol. 31, No. 3. pp. 171-182.

Bibtex

@article{9ec9a0fce877436c9bf1f586c5dd50a3,
title = "The principle of balanced contributions and hierarchies of cooperation",
abstract = "The principle of balanced contributions has appeared repeatedly in the literature on the Shapley value. This principle is akin to the reciprocity properties shared by almost all cooperative solution concepts. We provide a new axiomatization for the level structure value. This axiomatization has the advantage that it can be applied to many important subdomains of TU games. We use the Hart-Mas-Colell potential function as a tool to prove our main result, and establish another interesting characterization for the value as a by-product.",
keywords = "Balanced contributions, Level structures, Potential function, Shapley value, TU games",
author = "E. Calvo and J.J. Lasaga and E. Winter",
year = "1996",
month = jun,
doi = "10.1016/0165-4896(95)00806-3",
language = "English",
volume = "31",
pages = "171--182",
journal = "Mathematical Social Sciences",
issn = "0165-4896",
publisher = "Elsevier",
number = "3",

}

RIS

TY - JOUR

T1 - The principle of balanced contributions and hierarchies of cooperation

AU - Calvo, E.

AU - Lasaga, J.J.

AU - Winter, E.

PY - 1996/6

Y1 - 1996/6

N2 - The principle of balanced contributions has appeared repeatedly in the literature on the Shapley value. This principle is akin to the reciprocity properties shared by almost all cooperative solution concepts. We provide a new axiomatization for the level structure value. This axiomatization has the advantage that it can be applied to many important subdomains of TU games. We use the Hart-Mas-Colell potential function as a tool to prove our main result, and establish another interesting characterization for the value as a by-product.

AB - The principle of balanced contributions has appeared repeatedly in the literature on the Shapley value. This principle is akin to the reciprocity properties shared by almost all cooperative solution concepts. We provide a new axiomatization for the level structure value. This axiomatization has the advantage that it can be applied to many important subdomains of TU games. We use the Hart-Mas-Colell potential function as a tool to prove our main result, and establish another interesting characterization for the value as a by-product.

KW - Balanced contributions

KW - Level structures

KW - Potential function

KW - Shapley value

KW - TU games

U2 - 10.1016/0165-4896(95)00806-3

DO - 10.1016/0165-4896(95)00806-3

M3 - Journal article

VL - 31

SP - 171

EP - 182

JO - Mathematical Social Sciences

JF - Mathematical Social Sciences

SN - 0165-4896

IS - 3

ER -