Estate Division Problem: The Core and The Godly Interference

Ghatak Anirban ()
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Ghatak Anirban: Indian Institute of Management Kozhikode

No 497, Working papers from Indian Institute of Management Kozhikode

Abstract: This article offers a simple method to reduce the Core of a Transferable Utility game to a singleton where the Core happens to have more than one elements in it. By presenting a popular folklore, this article infers that the solution of an integer-constrained estate division problem can be achieved by introducing a temporary player who gets no utility by participating in the game. This article refers to this temporary player as a god. It shows that such god -ly interference can help us to make sense the Core by making it a unique one.

Keywords: Estate Division Problem; Transferable Utility (search for similar items in EconPapers)
Pages: 08 pages
Date: 2022-03
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