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