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  1. Sharing the surplus and proportional values.Yukihiko Funaki, René van den Brink & Zhengxing Zou - 2021 - Theory and Decision 93 (1):185-217.
    We introduce a family of proportional surplus division values for TU-games. Each value first assigns to each player a compromise between her stand-alone worth and the average stand-alone worths over all players, and then allocates the remaining worth among the players in proportion to their stand-alone worths. This family contains the proportional division value and the new egalitarian proportional surplus division value as two special cases. We provide characterizations for this family of values, as well as for each single value (...)
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  • Redistribution to the less productive: parallel characterizations of the egalitarian Shapley and consensus values.Koji Yokote, Takumi Kongo & Yukihiko Funaki - 2020 - Theory and Decision 91 (1):81-98.
    In cooperative game theory with transferable utilities, there are two well-established ways of redistributing Shapley value payoffs: using egalitarian Shapley values, and using consensus values. We present parallel characterizations of these classes of solutions. Together with the axioms that characterize the original Shapley value, those that specify the redistribution methods characterize the two classes of values. For the class of egalitarian Shapley values, we focus on redistributions in one-person unanimity games from two perspectives: allowing the worth of coalitions to vary, (...)
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