CEL: Constrained Equal Losses Rule
In GameTheory: Cooperative Game Theory
CEL R Documentation
Constrained Equal Losses Rule
Description
This function calculates how to distribute a given endowment by the CEL rule.
Usage
CEL(E, C, Names = NULL)
Arguments
E
Endowment
C
Claims of the agents
Names
Labels of the agents
Details
The constrained equal losses (CEL) rule
(Maimonides, 12th century and Aumann, 1985), chooses the awards
vector at which all agents incur equal losses, subject to no one
receiving a negative amount
Note
In order to calculate the rule properly, input the claims of the agents in ascending order.
Author(s)
Sebastian Cano-Berlanga <cano.berlanga@gmail.com>
References
Aumann, R.J. and Maschler, M., (1985) "Game Theoretic Analysis of a bankruptcy from the Talmud." Journal of Economic Theory 36, pp.195–213.
GameTheory documentation built on Sept. 25, 2023, 5:07 p.m.
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| CEL | R Documentation |
Constrained Equal Losses Rule
Description
This function calculates how to distribute a given endowment by the CEL rule.
Usage
CEL(E, C, Names = NULL)
Arguments
E |
Endowment |
C |
Claims of the agents |
Names |
Labels of the agents |
Details
The constrained equal losses (CEL) rule (Maimonides, 12th century and Aumann, 1985), chooses the awards vector at which all agents incur equal losses, subject to no one receiving a negative amount
Note
In order to calculate the rule properly, input the claims of the agents in ascending order.
Author(s)
Sebastian Cano-Berlanga <cano.berlanga@gmail.com>
References
Aumann, R.J. and Maschler, M., (1985) "Game Theoretic Analysis of a bankruptcy from the Talmud." Journal of Economic Theory 36, pp.195–213.
R Package Documentation
Browse R Packages
We want your feedback!
Note that we can't provide technical support on individual packages. You should contact the package authors for that.
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