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An Optimization Characterization of the upper optimal complaint value

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This article introduces the upper optimal complaint value for TU-games. The value is characterized by lexicographically minimizing a maximal complaint vector. Interestingly, this value coincides with EANSC value and (pre)-nucleolus… Click to show full abstract

This article introduces the upper optimal complaint value for TU-games. The value is characterized by lexicographically minimizing a maximal complaint vector. Interestingly, this value coincides with EANSC value and (pre)-nucleolus for some classes of TU-games.

Keywords: complaint; upper optimal; value; optimization characterization; optimal complaint; complaint value

Journal Title: Economics Letters
Year Published: 2020

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