Equal Loss under Separatorization and Egalitarian Values
2020
We characterize the equal division value, the equal surplus division value, and the class of their a ne combinations for TU-games involving equal loss under separatorization. This axiom requires that, if a player becomes a dummifying player (Casajus and Huettner, in Economics Letters 122(2): 167-169, 2014), then any two other players are equally affected.
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