Avoiding unfairness of Owen solutions in linear production games

  • Authors:
  • Francisco R. Fernańdez;Federico Perea;Justo Puerto

  • Affiliations:
  • University of Seville, Tarfia sn Seville, Spain;University of Zaragoza, Ronda Misericordia, Huesca, Spain;University of Seville, Tarfia sn Seville, Spain

  • Venue:
  • Proceedings of the Behavioral and Quantitative Game Theory: Conference on Future Directions
  • Year:
  • 2010

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Abstract

The Owen set is a well-know solution concept for the class of Linear Production games, which is included in the core. Despite their stability, Owen allocations might give null payoff to players which are absolutely necessary for any possible benefit to arise. We introduce a new solution set that overcomes such drawbacks. Some of its properties are shown as well as an axiomatic characterization.