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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.

Language: English
DOI
Text on another site
Keywords: egalitarianismegalitarian procedureprocedural egalitarian solutionegalitarian stabilityconstrained equal awards rule
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