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The procedural egalitarian solution

Dietzenbacher,Bas
; 
Borm,Peter
; 
Hendrickx,Ruud
Abstract
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.
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Date
2017-11
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Tilburg University Research Output Collection
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Keywords
egalitarianism, egalitarian procedure, procedural egalitarian solution, egalitarian stability, constrained equal awards rule, C71 - Cooperative Games
Citation
Dietzenbacher, B, Borm, P & Hendrickx, R 2017, 'The procedural egalitarian solution', Games and Economic Behavior, vol. 106, pp. 179-187. https://doi.org/10.1016/j.geb.2017.10.001
URI
https://hdl.handle.net/20.500.14602/67915
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