Bidding for the surplus: a non-cooperative approach to the Shapley value.

We propose a simple mechanism to determine how the surplus generated by cooperation is to be shared in zero-monotonic environments with transferable utility. The mechanism consists of a bidding stage followed by a proposal stage. We show that the subgame perfect equilibrium outcomes of this mechanis...

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Detalles Bibliográficos
Publicado en:Journal of Economic Theory Vol. 100; no. 2; pp. 274 - 295
Autores principales: Pérez-Castrillo, David, Wettstein, David
Formato: Artículo
Publicado: Academic Press Inc. October 2001
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Acceso en línea:Ver este registro en EBSCOhost