Abstract:
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A class of balanced games, called exact partition games, is introduced.
Within this class, it is shown that the egalitarian solution of Dutta and
Ray (1989) behaves as in the class of convex games. Moreover, we provide
two axiomatic characterization by means of suitable properties such as
consistency, rationality and Lorenz-fairness. As a by-product, alternative
characterizations of the egalitarian solution over the class of convex games
are obtained. |