Linearity of unrestrictedly transferable utilities
Robert Aumann
Naval Research Logistics Quarterly, 1960, vol. 7, issue 3, 281-284
Abstract:
It is proved that for games with at least three players the assumption of unrestrictedly transferable utilities is equivalent to the assumption that the individual players' utilities are linear in money. This is not the case for two‐person games.
Date: 1960
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Persistent link: https://EconPapers.repec.org/RePEc:wly:navlog:v:7:y:1960:i:3:p:281-284
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