Abstract
This paper proposes a constrained egalitarian solution concept for TU games which combines commitment for egalitarianism and promotion of individual interests in a consistent manner. The paper shows that the set of constrained egalitarian allocations is nonempty for weakly super-additive games. The solution is "almost" unique if the desirability relation between players is complete.
Original language | English (US) |
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Pages (from-to) | 403-422 |
Number of pages | 20 |
Journal | Games and Economic Behavior |
Volume | 3 |
Issue number | 4 |
DOIs | |
State | Published - Nov 1991 |
ASJC Scopus subject areas
- Finance
- Economics and Econometrics