When Do Market Games Have Transferable Utility?Journal of Economic Theory (1985)
A question with a nice clean answer. When do market games have transferable utility? Subject to some regularity conditions, the answer is if and only if indirect utility can be represented in the Gorman polar form.
- market games,
- transferable utility,
- Gorman polar form,
Publication DateApril, 1985
Citation InformationTed Bergstrom and Hal Varian. "When Do Market Games Have Transferable Utility?" Journal of Economic Theory Vol. 35 (1985)
Available at: http://works.bepress.com/ted_bergstrom/39/