COMMENTS ON ROTH'S PAPER, "VALUES FOR GAMES WITHOUT SIDE PAYMENTS".

In his paper, Roth has used a three-person game example to illustrate certain difficulties connected with generalizations of the Shapley value for games without side payment. This note argues that cooperative solution concepts in general often give rise to similar difficulties, and that the best way of avoiding them is to analyze cooperative games by means of noncooperative bargaining models. [ABSTRACT FROM AUTHOR]