Stabilization through taxation inn-person games
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In formulating solutions forn-person cooperative games, the concept of stability has played a dominant role. Although the core concept has the strongest stability, the core of a game is often empty. In this paper, the taxation system is incorporated into our framework, so that a modified solution concept, which enjoys the stability of core, can be developed. Various formulations based on principles such astaxation proportional to income andequity after tax are given.
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- Stabilization through taxation inn-person games
Journal of Optimization Theory and Applications
Volume 23, Issue 2 , pp 277-284
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- Kluwer Academic Publishers-Plenum Publishers
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- n-person games
- grand coalition
- taxation systems
- nondominated imputation
- multicriteria framework
- Industry Sectors