A marginalistic value for monotonic set games |
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| Authors: | Harry Aarts Kees Hoede Yukihiko Funaki |
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| Affiliation: | 1. Faculty of Applied Mathematics, University of Twente, P.O. Box 217, 7500, AE Enschede, The Netherlands
2. Faculty of Economics, Tokyo University, Oka 2-11-10 Asaka-shi, 351, Saitama, Japan
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| Abstract: | In this paper we characterize a value, called a marginalistic value, for monotonic set games, which can be considered to be the analog of the Shapley value for TU-games. For this characterization we use a modification of the strong monotonicity axiom of Young, but the proof is rather different from his. |
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