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An Axiomatization of the Consistent Non-Transferable Utility Value

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  • Sergiu Hart

    ()

Abstract

The Maschler-Owen consistent value for non-transferable utility games is axiomatized, by means of a marginality axiom.

Suggested Citation

  • Sergiu Hart, 2003. "An Axiomatization of the Consistent Non-Transferable Utility Value," Discussion Paper Series dp337, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
  • Handle: RePEc:huj:dispap:dp337
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    File URL: http://www.ma.huji.ac.il/~hart/abs/mo-axiom.html
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    References listed on IDEAS

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    1. Neyman, Abraham, 1985. "Bounded complexity justifies cooperation in the finitely repeated prisoners' dilemma," Economics Letters, Elsevier, vol. 19(3), pages 227-229.
    2. GOSSNER, Olivier & TOMALA, Tristan, 2003. "Entropy and codification in repeated games with imperfect monitoring," CORE Discussion Papers 2003033, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    3. Gilboa Itzhak & Schmeidler David, 1994. "Infinite Histories and Steady Orbits in Repeated Games," Games and Economic Behavior, Elsevier, vol. 6(3), pages 370-399, May.
    4. Ben-Porath Elchanan, 1993. "Repeated Games with Finite Automata," Journal of Economic Theory, Elsevier, vol. 59(1), pages 17-32, February.
    5. Lehrer, Ehud, 1988. "Repeated games with stationary bounded recall strategies," Journal of Economic Theory, Elsevier, vol. 46(1), pages 130-144, October.
    6. Rubinstein, Ariel, 1986. "Finite automata play the repeated prisoner's dilemma," Journal of Economic Theory, Elsevier, vol. 39(1), pages 83-96, June.
    7. repec:dau:papers:123456789/6885 is not listed on IDEAS
    8. Olivier Gossner & Penelope Hernandez & Abraham Neyman, 2003. "Online Matching Pennies," Discussion Paper Series dp316, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
    9. GOSSNER, Olivier, 1998. "Repeated games played by cryptographically sophisticated players," CORE Discussion Papers 1998035, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    10. Ehud Kalai, 1987. "Bounded Rationality and Strategic Complexity in Repeated Games," Discussion Papers 783, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
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    Citations

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    Cited by:

    1. Sergiu Hart, 2004. "A comparison of non-transferable utility values," Theory and Decision, Springer, pages 35-46.
    2. Sergiu Hart & Andreu Mas-Colell, 2008. "Bargaining and Cooperation in Strategic Form Form Games," Levine's Working Paper Archive 122247000000002205, David K. Levine.
    3. Barry O'Neill, 2014. "Networks of Rights in Conflict: A Talmudic Example," Discussion Paper Series dp677, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
    4. Chaowen Yu, 2013. "A Comparison of NTU values on a Certain Class of Games," Keio/Kyoto Joint Global COE Discussion Paper Series 2012-041, Keio/Kyoto Joint Global COE Program.
    5. Casajus, André & Huettner, Frank, 2014. "Weakly monotonic solutions for cooperative games," Journal of Economic Theory, Elsevier, vol. 154(C), pages 162-172.
    6. Carmen Herrero & Antonio Villar, 2010. "The rights egalitarian solution for NTU sharing problems," International Journal of Game Theory, Springer;Game Theory Society, vol. 39(1), pages 137-150, March.
    7. Hinojosa, M.A. & Romero, E. & Zarzuelo, J.M., 2012. "Consistency of the Harsanyi NTU configuration value," Games and Economic Behavior, Elsevier, vol. 76(2), pages 665-677.
    8. M. Hinojosa & E. Romero-Palacios & J. Zarzuelo, 2015. "Consistency of the Shapley NTU value in G-hyperplane games," Review of Economic Design, Springer;Society for Economic Design, vol. 19(4), pages 259-278, December.
    9. Emililo Calvo, 2004. "Single NTU-value solutions," Game Theory and Information 0405004, EconWPA, revised 10 Jun 2004.

    More about this item

    JEL classification:

    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
    • D7 - Microeconomics - - Analysis of Collective Decision-Making

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