Moulin, H. (1989) Monotonic surplus sharing: characterization results. Games and Economic Behavior, 1(3), pp. 250-274. (doi: 10.1016/0899-8256(89)90012-2)
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Abstract
We consider surplus-sharing problems where both the disagreement utility vector and the feasible utility frontier depend monotonically on an exogenous parameter. We investigate the existence of a monotonic solution to these problems. The two-person case is completely solved. Applications to the cases where the feasible utility set varies in a submodular or supermodular fashion are detailed. With three agents or more a general characterization result is proven in the transferable utility case only.
| Item Type: | Articles |
|---|---|
| Status: | Published |
| Refereed: | Yes |
| Glasgow Author(s) Enlighten ID: | Moulin, Professor Herve |
| Authors: | Moulin, H. |
| College/School: | College of Social Sciences > Adam Smith Business School > Economics |
| Journal Name: | Games and Economic Behavior |
| Publisher: | Academic Press |
| ISSN: | 0899-8256 |
| ISSN (Online): | 1090-2473 |
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