ℝà-transfer and Harsanyi NTU values: Individual rationality, stability and degenerate solutions

ℝà-transfer and Harsanyi NTU values: Individual rationality, stability and degenerate solutions

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Article ID: iaor19931128
Country: Belgium
Volume: 33
Start Page Number: 103
End Page Number: 121
Publication Date: May 1991
Journal: Cahiers du Centre d'tudes de Recherche Oprationnelle
Authors: , , ,
Abstract:

The authors investigate the properties of individual rationality and stability for Harsanyi and λ-transfer value for non-transferable utility games, paying particular attention to degenerate solutions. They stress some situations in which the two values behave differently. The authors also give a general existence theorem for Harsanyi value, which does not require the assumption of games being compactly generated.

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