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Julio Gonzalez Diaz Autonomous University of Barcelona - Department of Economics and Economic History Peter E. M. Borm Tilburg University - Center for Economic Research (CentER) Henk W. Norde Tilburg University - Center For Economic Research
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04 Jan 05
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Last Revised:
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04 Jan 05
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45 (129,771)
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Julio Gonzalez Diaz Autonomous University of Barcelona - Department of Economics and Economic History Peter E. M. Borm Tilburg University - Center for Economic Research (CentER) Ruud Hendrickx Tilburg University - Center for Economic Research (CentER) Marieke Quant Tilburg University - Department of Econometrics & Operations Research
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| Posted: |
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25 Jun 04
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Last Revised:
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29 Jul 04
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18 (179,773)
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Abstract:
In this paper, we characterize the compromise value of a game as the barycentre of the edges of its core cover. For this, we introduce the value, which extends the adjusted proportional rule for bankruptcy situations and coincides with the compromise value on a large class of games.
Geometry, games, bankruptcy, core
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