We propose and analyze a new solution concept, the R solution, for three-person, transferable utility, cooperative … beliefs. We analyze the properties of the R solution and compare it with the Shapley value and other concepts. The R solution … grand coalition can simply execute one of the three possible bilateral trades, the R solution is the most egalitarian …

beliefs. We analyze the properties of theR-solution and compare it with the Shapley value and other concepts. The R-solution … grand coalition can simply execute one of the three possible bilateral trades, the R-solution is the most egalitarian …