Side payments definition
Side payments simply means that transfers of money are allowed, in ad- dition to any sort of transfer embodied in the outcome x. The assumption of side payments is independent of the assumption of transferable utility. In the following, we consider the role of side payments in the contexts of market games, majority voting games and games derived from strategic games.
Examples of Side payments in a sentence
Side payments for additional rent, or for items, appliances or services customarily provided to unassisted families as part of the dwelling lease for those families, are prohibited.