Abstract
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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Communicated by G. Leitmann
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Kwon, Y.K., Yu, P.L. Stabilization through taxation inn-person games. J Optim Theory Appl 23, 277–284 (1977). https://doi.org/10.1007/BF00933052
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DOI: https://doi.org/10.1007/BF00933052