Transferable utility

Transferable utility is a term used in cooperative game theory and in economics. Utility is transferable if one player can losslessly transfer part of its utility to another player. Such transfers are possible if the players have a common currency that is valued equally by all. Note that being able to transfer cash payoffs does not imply that utility is transferable: wealthy and poor players may derive a different utility from the same amount of money.

单词	Transferable utility
释义	Transferable utility 英语百科 Transferable utility Transferable utility is a term used in cooperative game theory and in economics. Utility is transferable if one player can losslessly transfer part of its utility to another player. Such transfers are possible if the players have a common currency that is valued equally by all. Note that being able to transfer cash payoffs does not imply that utility is transferable: wealthy and poor players may derive a different utility from the same amount of money.
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