Share Opportunity Sets and Cooperative Games
CentER Discussion Paper Series No. 2006-115
15 Pages Posted: 1 Dec 2006
Date Written: November 2006
In many share problems there is a priori given a natural set of possible divisions to solve the sharing problem. Cooperative games related to such share sets are introduced, which may be helpful in solving share problems. Relations between properties of share sets and properties of games are investigated. The average lexicographic value for share sets and for cooperative games is studied.
Keywords: cooperative games, bankruptcy games, average lexicographic value, opportunity sets
JEL Classification: C71
Suggested Citation: Suggested Citation