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On the existence of the Dutta–Ray’s egalitarian solution

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  • Llerena, Francesc
  • Mauri, Llúcia

Abstract

A class of balanced games, called exact partition games, is introduced. Within this class, it is shown that the egalitarian solution of Dutta and Ray (1989) behaves as in the class of convex games. Moreover, we provide two axiomatic characterizations by means of suitable properties such as consistency, rationality and Lorenz-fairness. As a by-product, alternative characterizations of the egalitarian solution over the class of convex games are obtained.

Suggested Citation

  • Llerena, Francesc & Mauri, Llúcia, 2017. "On the existence of the Dutta–Ray’s egalitarian solution," Mathematical Social Sciences, Elsevier, vol. 89(C), pages 92-99.
  • Handle: RePEc:eee:matsoc:v:89:y:2017:i:c:p:92-99
    DOI: 10.1016/j.mathsocsci.2017.07.002
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    References listed on IDEAS

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    1. Dutta, Bhaskar & Ray, Debraj, 1989. "A Concept of Egalitarianism under Participation Constraints," Econometrica, Econometric Society, vol. 57(3), pages 615-635, May.
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    10. Hart, Sergiu & Mas-Colell, Andreu, 1989. "Potential, Value, and Consistency," Econometrica, Econometric Society, vol. 57(3), pages 589-614, May.
    11. Francesc Llerena & Llúcia Mauri, 2015. "On the Lorenz-maximal allocations in the imputation set," Economics Bulletin, AccessEcon, vol. 35(4), pages 2475-2481.
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    Cited by:

    1. Takafumi Otsuka, 2020. "Egalitarian solution for games with discrete side payment," Papers 2003.10059, arXiv.org.
    2. Dietzenbacher, Bas & Yanovskaya, Elena, 2023. "The equal split-off set for NTU-games," Mathematical Social Sciences, Elsevier, vol. 121(C), pages 61-67.
    3. Bas Dietzenbacher & Elena Yanovskaya, 2021. "Consistency of the equal split-off set," International Journal of Game Theory, Springer;Game Theory Society, vol. 50(1), pages 1-22, March.
    4. Dietzenbacher, Bas & Yanovskaya, Elena, 2020. "Antiduality in exact partition games," Mathematical Social Sciences, Elsevier, vol. 108(C), pages 116-121.
    5. Calleja, Pedro & Llerena, Francesc & Sudhölter, Peter, 2021. "Axiomatizations of Dutta-Ray’s egalitarian solution on the domain of convex games," Journal of Mathematical Economics, Elsevier, vol. 95(C).

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