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Regular version of the site

Article

The procedural egalitarian solution

Games and Economic Behavior. 2017. Vol. 106. P. 179-187.
Dietzenbacher B., Borm P., Hendrickx R.

In this paper we introduce and analyze the procedural egalitarian solution for transferable utility games. This new concept is based on the result of a coalitional bargaining procedure in which egalitarian considerations play a central role. The procedural egalitarian solution is the first single-valued solution which coincides with the constrained egalitarian solution of Dutta and Ray (1989) on the class of convex games and which exists for any TU-game.