Title :
Coalitional fairness and distortion of utilities
Author_Institution :
Indian Inst. of Manage., Ahmedabad, India
Abstract :
The author considers the noncooperative game with strategies consisting of utility functions and whose outcomes are coalitionally fair solutions for the case of a finite number of agents who wish to divide a finite number of commodities. It is shown that for such a game any equal-income competitive equilibrium allocation for the true utilities is a Nash equilibrium outcome
Keywords :
game theory; Nash equilibrium; coalitional fairness; game theory; noncooperative game; utility functions; Aggregates; Economic forecasting; Information analysis; Knowledge management; Nash equilibrium; Predictive models; Resource management;
Journal_Title :
Systems, Man and Cybernetics, IEEE Transactions on