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Rawlsian welfare implications of endogenous transfers in a network of bilateral contests

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  • Dripto Bakshi

    (Indian Institute of Technology, Kharagpur)

Abstract

This paper explores the Rawlsian welfare implications of endogenous transfers in a three- player- system where one player fights the other two bilaterally. Though such transfers can be welfare improving under certain conditions (explicitly mentioned in the paper), Rawlsian welfare maximization cannot be achieved endogenously via transfers. The welfare maximizing distribution is stable i.e immune to endogenous transfers.

Suggested Citation

  • Dripto Bakshi, 2025. "Rawlsian welfare implications of endogenous transfers in a network of bilateral contests," Economics Bulletin, AccessEcon, vol. 45(3), pages 1610-1619.
    • Handle: RePEc:ebl:ecbull:eb-24-00322
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    References listed on IDEAS

    as
    1. Dan Kovenock & Brian Roberson, 2012. "Coalitional Colonel Blotto Games with Application to the Economics of Alliances," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 14(4), pages 653-676, August.
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    JEL classification:

    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
    • D6 - Microeconomics - - Welfare Economics

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