Abstract
The validity of the axiomatization of the Harsanyi solution for NTU-games by Hart (1985) is shown to depend on the regularity conditions imposed on games. Following this observation, we propose two related axiomatic characterizations, one of the symmetric egalitarian solution (Kalai and Samet, 1985) and one of the consistent solution (Maschler and Owen, 1992). The three axiomatic results are studied, evaluated and compared in detail.
Original language | English |
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Pages (from-to) | 145-158 |
Number of pages | 13 |
Journal | International Journal of Game Theory |
Volume | 33 |
Issue number | 1 |
DOIs | |
Publication status | Published - Dec 2004 |
Keywords
- Consistent solution
- Harsanyi solution
- Nontransferable utility games
- Symmetric egalitarain solution