On convex combinations of two values
Volume 24 / 1996
Applicationes Mathematicae 24 (1996), 47-56
DOI: 10.4064/am-24-1-47-56
Abstract
We study values for cooperative TU-games which are convex combinations of the Shapley value and the solidarity value, introduced in our recent paper [1]. First, we axiomatize the convex combination of the two values in the case when the coefficients are given exogenously. Next, we give an axiomatic description of the whole family of such values.
