Utility theories for the de ̄nitions of cooperative games and associated solution concepts are discussed. A game with side payments needs the assumptions of transferable utility and side payments. We discuss the axioms for the transferable utility assumption and also the role of side payments for various solution concepts. We also discuss games without side payments, which do not require the ass...

Abstract We present a scalable architecture for electronic retail payments via central bank digital currency and offer solution to the perceived conflict between robust regulatory oversight consumer affordances such as privacy control. Our combines existing work in payment systems with new approach asset design managing unforgeable, stateful, oblivious assets without relying on either authority...