We show that, for some classes of transferable utility (TU) games widely used in Game Theory and Mathematical Economics, Epstein and Marinacci derivatives have a natural representation in terms of a "generalized" Radon- Nikodym derivative. This has a straightforward interpretation in a General Equilibrium context, where marginal contributions can be seen as a fair way to reward each group of agents.

Representation of Epstein-Marinacci derivatives of absolutely continuous TU games

CENTRONE, Francesca
2016-01-01

Abstract

We show that, for some classes of transferable utility (TU) games widely used in Game Theory and Mathematical Economics, Epstein and Marinacci derivatives have a natural representation in terms of a "generalized" Radon- Nikodym derivative. This has a straightforward interpretation in a General Equilibrium context, where marginal contributions can be seen as a fair way to reward each group of agents.
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11579/86787
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