The Procedural Egalitarian Solution

Bas Dietzenbacher, Peter Borm, Ruud Hendrickx

Research output: Working paperDiscussion paperOther research output

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.
LanguageEnglish
Place of PublicationTilburg
PublisherCentER, Center for Economic Research
Number of pages18
Volume2016-041
Publication statusPublished - 5 Oct 2016

Publication series

NameCentER Discussion Paper
Volume2016-041

Fingerprint

Egalitarian solution
Coalitional bargaining
TU game
Convex games
Transferable utility games

Keywords

  • egalitarianism
  • egalitarian procedure
  • procedural egalitatian solution
  • egalitarian stability
  • constrained equal awards rule

Cite this

Dietzenbacher, B., Borm, P., & Hendrickx, R. (2016). The Procedural Egalitarian Solution. (CentER Discussion Paper; Vol. 2016-041). Tilburg: CentER, Center for Economic Research.
Dietzenbacher, Bas ; Borm, Peter ; Hendrickx, Ruud. / The Procedural Egalitarian Solution. Tilburg : CentER, Center for Economic Research, 2016. (CentER Discussion Paper).
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Dietzenbacher, B, Borm, P & Hendrickx, R 2016 'The Procedural Egalitarian Solution' CentER Discussion Paper, vol. 2016-041, CentER, Center for Economic Research, Tilburg.

The Procedural Egalitarian Solution. / Dietzenbacher, Bas; Borm, Peter; Hendrickx, Ruud.

Tilburg : CentER, Center for Economic Research, 2016. (CentER Discussion Paper; Vol. 2016-041).

Research output: Working paperDiscussion paperOther research output

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Dietzenbacher B, Borm P, Hendrickx R. The Procedural Egalitarian Solution. Tilburg: CentER, Center for Economic Research. 2016 Oct 5. (CentER Discussion Paper).