Perez-Castrillo, D.; Wettstein, D. - Foerder Institute for Economic Research, Eitan Berglas … - 1999
We consider zero-monotonic environments with transferable utility and propose a simple non-cooperative game to determine how the surplus generated by cooperation is to be shared. First, the players bid for the right to propose a sharing of the surplus. Second, after the winner pays the bids, she...
