An asymmetric Kalai-Smorodinsky solution
AbstractIn 1972, Harsanyi and Selten characterized a one parameter asymmetric Nash solution. In this note I do the analog for the Kalai-Smorodinsky solution. By dropping symmetry and adding a restrivted version of Independence of Irrelevant Alternatives to the set of axioms that lead to the Kalai-Smorodinsky solution, I characterize an asymmetric version of that solution concept that depends only on one parameter.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 73 (2001)
Issue (Month): 2 (November)
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Other versions of this item:
- C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
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