Rawlsian welfare implications of endogenous transfers in a network of bilateral contests
Dripto Bakshi ()
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Dripto Bakshi: Indian Institute of Technology, Kharagpur
Economics Bulletin, 2025, vol. 45, issue 3, 1610 - 1619
Abstract:
This paper explores the Rawlsian welfare implications of endogenous transfers in a three- player- system where one player fights the other two bilaterally. Though such transfers can be welfare improving under certain conditions (explicitly mentioned in the paper), Rawlsian welfare maximization cannot be achieved endogenously via transfers. The welfare maximizing distribution is stable i.e immune to endogenous transfers.
Keywords: Conflict Economics; Game Theory; Endogenous Transfers; Rawlsian Welfare (search for similar items in EconPapers)
JEL-codes: C7 D6 (search for similar items in EconPapers)
Date: 2025-09-30
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Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-24-00322
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