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Bargaining Multiple Issues with Leximin Preferences

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Author Info
Amparo M. Mármol Conde () (Universidad de Sevilla)
Clara Ponsatí Obiols () (Institut d'Anàlisi Econòmica. CSIC)

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Abstract

Global bargaining problems over a finite number of different issues, are formalized as cartesian products of classical bargaining problems. For maximin and leximin bargainers we characterize global bargaining solutions that are efficient and satisfy the requirement that bargaining separately or globally leads to equivalent outcomes. Global solutions in this class are constructed from the family of monotone path solutions for classical bargaining problems.

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File URL: http://www.centrodeestudiosandaluces.info/PDFS/E200605.pdf
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Publisher Info
Paper provided by Centro de Estudios Andaluces in its series Economic Working Papers at Centro de Estudios Andaluces with number E2006/05.

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Length: 16 pages
Date of creation: 2006
Date of revision:
Handle: RePEc:cea:doctra:e2006_05

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Related research
Keywords: Global bargaining; maximin preferences; leximin preferences;

Find related papers by JEL classification:
C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Clara Ponsati & Joel Watson, 1994. "Multiple-Issue Bargaining and Axiomatic Solutions," University of California at San Diego, Economics Working Paper Series 94-14, Department of Economics, UC San Diego.
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  2. Bossert, Walter & Peters, Hans, 2000. "Multi-attribute decision-making in individual and social choice," Mathematical Social Sciences, Elsevier, vol. 40(3), pages 327-339, November. [Downloadable!] (restricted)
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  3. Bossert, Walter & Peters, Hans, 2001. "Minimax Regret and Efficient Bargaining under Uncertainty," Games and Economic Behavior, Elsevier, vol. 34(1), pages 1-10, January. [Downloadable!] (restricted)
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  4. Thomson, William, 1994. "Cooperative models of bargaining," Handbook of Game Theory with Economic Applications, in: R.J. Aumann & S. Hart (ed.), Handbook of Game Theory with Economic Applications, edition 1, volume 2, chapter 35, pages 1237-1284 Elsevier. [Downloadable!] (restricted)
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  5. Kalai, Ehud, 1977. "Proportional Solutions to Bargaining Situations: Interpersonal Utility Comparisons," Econometrica, Econometric Society, vol. 45(7), pages 1623-30, October. [Downloadable!] (restricted)
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  6. Bossert, Walter & Nosal, Ed & Sadanand, Venkatraman, 1996. "Bargaining under Uncertainty and the Monotone Path Solutions," Games and Economic Behavior, Elsevier, vol. 14(2), pages 173-189, June. [Downloadable!] (restricted)
  7. Peters, Hans J M, 1986. "Simultaneity of Issues and Additivity in Bargaining," Econometrica, Econometric Society, vol. 54(1), pages 153-69, January. [Downloadable!] (restricted)
  8. Nash, John, 1950. "The Bargaining Problem," Econometrica, Econometric Society, vol. 18(2), pages 155-162, April. [Downloadable!] (restricted)
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This page was last updated on 2009-11-16.

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