TY  - JOUR
U1  - Zeitschriftenartikel, wissenschaftlich - begutachtet (reviewed)
A1  - Casajus, André
A1  - Kramm, Michael
T1  - The dual Lovász extension operator and the Shapley extension operator for TU games
JF  - Discrete applied mathematics
N2  - An extension operator assigns to any TU game its extension, a mapping that assigns a worth to any non-negative resource vector for the players. Algaba et al. (2004) advocate the Lovász extension (Lovász, 1983) as a natural extension operator. This operator is determined by the minimum operator representing one particular CES (constant elasticity of substitution) technology. We explore alternative extension operators, the dual Lovász extension and the Shapley extension, that are based on the only two alternative CES technologies that induce an economically sound behavior of extensions in some sense, the maximum operator and the average operator.
KW  - TU game
KW  - Lovász extension
KW  - CES production function
Y1  - 2021
SN  - 0166-218X
SS  - 0166-218X
U6  - https://doi.org/10.1016/j.dam.2021.02.011
DO  - https://doi.org/10.1016/j.dam.2021.02.011
IS  - 294 (15 May 2021)
SP  - 224
EP  - 232
ER  -