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International Journal of Game Theory
Article . 1980 . Peer-reviewed
License: Springer TDM
Data sources: Crossref
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Article . 1980
Data sources: zbMATH Open
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Monotonicity and independence axioms

Authors: Thomson, W.; Myerson, R. B.;

Monotonicity and independence axioms

Abstract

Given σ, a family ofchoice problems, subsets ofR n representing the payoff vectors (measured in von Neumann-Morgenstern utility scales) attainable by a group ofn players, asolution f on σ associates to everyS in σ a unique elementf (S) ofS. Amonotonicity axiom specifies how the solution outcome should change when the choice problem is subjected to certain geometric transformations while anindependence axiom requires, in similar circumstances, the invariance of the solution outcome. A number of such axioms are here formulated and the logical relationships among them are established.Strong monotonicity is shown to be the strongest axiom and strongly monotonic solutions are characterized.

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Keywords

Cooperative games, monotonicity axiom, n-person cooperative game, characterization of solutions, axiomatic approach, independence axioms, choice problem, logical relationships, cooperative game theory, strongly monotonic solutions, geometric transformations

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
68
Top 10%
Top 1%
Average
bronze