The Raiffa–Kalai–Smorodinsky Solution as a Mechanism for Dividing the Uncertain Future Profit of a Partnership

Establishing a partnership necessitates agreeing on how to divide future profits or losses. We consider parties who wish to contract on the division of uncertain future profits. We propose to divide profits according to the Raiffa–Kalai–Smorodinsky (K-S) solution, which is the intersection point of...

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Bibliographic Details
Main Authors: Yigal Gerchak, Eugene Khmelnitsky
Format: Article
Language:English
Published: MDPI AG 2025-06-01
Series:Games
Subjects:
Online Access:https://www.mdpi.com/2073-4336/16/3/29
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