Corrigendum to “Values for environments with externalities – the average approach” [Games Econ. Behav. 108 (2018) 49–64.]

B-Tier
Journal: Games and Economic Behavior
Year: 2026
Volume: 155
Issue: C
Pages: 267-269

Authors (3)

Macho-Stadler, Inés (Barcelona School of Economics ...) Pérez-Castrillo, David (not in RePEc) Wettstein, David (not in RePEc)

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Theorem 1 in Macho-Stadler et al. (2018) is incorrect. In this note, we correct the theorem by introducing a new axiom, the non-negative payoffs axiom, and adjusting the proof accordingly. We also discuss the implications of this correction for other results presented in the paper.

Technical Details

RePEc Handle
repec:eee:gamebe:v:155:y:2026:i:c:p:267-269
Journal Field
Theory
Author Count
3
Added to Database
2026-01-25