An elementary transfers procedure for sharing the joint surplus in games with externalities

Sánchez-Pérez (2017, Theorem 3) presents an analytic characterization for all solutions for games with externalities that satisfy the axioms of linearity, symmetry, and efficiency. The main goal of this paper is to recast such formulation to a more intuitive interpretation. In particular, we are in...

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Main Author: Joss Erick Sánchez-Pérez
Format: Article
Language:English
Published: El Colegio de México, A.C. 2023-07-01
Series:Estudios Económicos
Online Access:https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/445
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author Joss Erick Sánchez-Pérez
author_facet Joss Erick Sánchez-Pérez
author_sort Joss Erick Sánchez-Pérez
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description Sánchez-Pérez (2017, Theorem 3) presents an analytic characterization for all solutions for games with externalities that satisfy the axioms of linearity, symmetry, and efficiency. The main goal of this paper is to recast such formulation to a more intuitive interpretation. In particular, we are interested in an interpretation based on the idea of transfers among players.
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spelling doaj.art-7a78a6db7b0a4e00adbc8ab7f5b7494f2023-07-21T09:09:47ZengEl Colegio de México, A.C.Estudios Económicos0188-69160186-72022023-07-0138210.24201/ee.v38i2.445An elementary transfers procedure for sharing the joint surplus in games with externalitiesJoss Erick Sánchez-Pérez0Facultad de Economía, Universidad Autónoma de San Luis Potosí Sánchez-Pérez (2017, Theorem 3) presents an analytic characterization for all solutions for games with externalities that satisfy the axioms of linearity, symmetry, and efficiency. The main goal of this paper is to recast such formulation to a more intuitive interpretation. In particular, we are interested in an interpretation based on the idea of transfers among players. https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/445
spellingShingle Joss Erick Sánchez-Pérez
An elementary transfers procedure for sharing the joint surplus in games with externalities
Estudios Económicos
title An elementary transfers procedure for sharing the joint surplus in games with externalities
title_full An elementary transfers procedure for sharing the joint surplus in games with externalities
title_fullStr An elementary transfers procedure for sharing the joint surplus in games with externalities
title_full_unstemmed An elementary transfers procedure for sharing the joint surplus in games with externalities
title_short An elementary transfers procedure for sharing the joint surplus in games with externalities
title_sort elementary transfers procedure for sharing the joint surplus in games with externalities
url https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/445
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