The procedural egalitarian solution

Bas Dietzenbacher; Peter Borm; Ruud Hendrickx

doi:10.1016/j.geb.2017.10.001

The procedural egalitarian solution

Bas Dietzenbacher
, Peter Borm
, Ruud Hendrickx

Research output: Contribution to journal › Article › Scientific › peer-review

7 Citations (Scopus)

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.

Original language	English
Pages (from-to)	179-187
Journal	Games and Economic Behavior
Volume	106
DOIs	https://doi.org/10.1016/j.geb.2017.10.001
Publication status	Published - Nov 2017

Keywords

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

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10.1016/j.geb.2017.10.001

The Procedural Egalitarian Solution
Dietzenbacher, B., Borm, P. & Hendrickx, R., 5 Oct 2016, Tilburg: CentER, Center for Economic Research, 18 p. (CentER Discussion Paper; vol. 2016-041).
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AB - 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.

KW - egalitarianism

KW - egalitarian procedure

KW - procedural egalitarian solution

KW - egalitarian stability

KW - constrained equal awards rule

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DO - 10.1016/j.geb.2017.10.001

M3 - Article

SN - 0899-8256

VL - 106

SP - 179

EP - 187

JO - Games and Economic Behavior

JF - Games and Economic Behavior

ER -

The procedural egalitarian solution

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Keywords

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The Procedural Egalitarian Solution

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