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Home > The Role of Individual Intertemporal Transfers in Dynamic TU-Games

The Role of Individual Intertemporal Transfers in Dynamic TU-Games

Working paper
Author/s: 
Caroline Berden
Issue number: 
RM/07/030
Publisher: 
Maastricht University
Year: 
2007
PDF [1]
Dynamic TU-games are considered which consist of a finite player set, a finite se- quence of TU-games and a profile of intertemporal utility functions. At every stage a (restrictively) additive solution is applied to the TU-game, which results in a stream of payoff distributions, evaluated by the intertemporal utility functions of the play- ers. Players are able to transfer payoffs between stages. The strategic possibilities from individual transfers between periods are modeled by a noncooperative game. Conditions under which a Nash equilibrium in this noncooperative game exists, are established. It is shown when a Nash equilibrium in dominant strategies is Pareto optimal.
Tags: 
Coalition Formation Theory [2]

Source URL:http://www.coalitiontheory.net/content/role-individual-intertemporal-transfers-dynamic-tu-games

Links
[1] http://edocs.ub.unimaas.nl/loader/file.asp?id=1250 [2] http://www.coalitiontheory.net/research-areas/coalition-formation-theory