SFB 303 Discussion Paper No. A - 237

Author: Schleicher, Heinz
Title: A Fair Division Process as a Generalization of the Shapley Value for a Class of Convex Cost Games
Abstract: A fair division process is characterized which is based on a particular definition of coalitional economies of cost. Then a class of convex cost games is defined. It is shown that the fair division value and the Shapley value coincide for the class.
Keywords: Convex game, Cost game, Fair division process, Shapley value
JEL-Classification-Number:
Creation-Date: May 1989
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