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. While this question has been widely discussed in the literature, the focus is usually either on strict incentives for … incentives and robustness to strategic uncertainty. The result is a set valued solution, a variant of which is shown to exist for …
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We consider the allocation of a finite number of indivisible objects to the same number of agents according to an exogenously given queue.We assume that the agents collaborate in order to achieve an efficient outcome for society.We allow for side-payments and provide a method for obtaining...
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By generalizing the standard solution for 2-person games into n-person cases, this paper develops a new solution concept for cooperative games: the consensus value.We characterize the consensus value as the unique function that satisfies efficiency, symmetry, the quasi dummy property and...
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