HIGHLIGHTS
SUMMARY
In transferable-utility (TU) models, the participants are either entirely involved or not involved in the operation with some other participants. In multi-choice TU models, participants can operate with different activity levels. A solution concept is said to be consistent if it affords duplicate payments to participants in the initial model, as it does for participants in the hypothetical reduced situation. The authors propose that the replicated WANSC of a multi-choice model corresponds to the WANSC of the corresponding "replicated" TU model. In multi-choice TU models, different participants may take on . . .
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