Characterizes a family of need-adjusted geometric rules and a need-adjusted serial rule for distributing aggregate revenues in hierarchical ventures after covering agents' needs.
Axiomatizations of the conjunctive permission value for games with permission structures.Games and Economic Behavior12, 113-126
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Sharing the proceeds from a hierarchical venture when agents have needs
Characterizes a family of need-adjusted geometric rules and a need-adjusted serial rule for distributing aggregate revenues in hierarchical ventures after covering agents' needs.