Symmetric Solutions of Some Production Economies

Sergiu Hart



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Abstract
A symmetric n-person game (n,k) (for positive integer k) is defined in its characteristic function form by v(S) = [|S|]/k, where |S| is the number of players in the coalition S and [x] denotes the largest integer not greater than x (i.e., any k players, but not less, can "produce" one unit). It is proved that in any imputation in any symmetric von Neumann - Morgenstern solution of such a game, a blocking coalition of p = n-k+1 players who receive the largest payoffs is formed, and their payoffs are always equal. Conditions for existence and uniqueness of such symmetric solutions with the other k-1 payoffs equal too are proved; other cases are discussed thereafter.