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A Meaningful Two-Person Bargaining Solution Based on Ordinal Preferences

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  • Jozsef Sakovics

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Abstract

In this note I argue that the traditional argument proving the non-existence of two-person ordinal bargaining solutions is misleading, and also provide an example of such a solution.

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Bibliographic Info

Paper provided by Edinburgh School of Economics, University of Edinburgh in its series ESE Discussion Papers with number 98.

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Length: 7
Date of creation: Mar 2004
Date of revision:
Handle: RePEc:edn:esedps:98

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  1. Anbarci, Nejat, 1993. "Noncooperative Foundations of the Area Monotonic Solutions," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 108(1), pages 245-58, February.
  2. Zvi Safra & Dov Samet, 2003. "An ordinal solution to bargaining problems with many players," Game Theory and Information, EconWPA 0310002, EconWPA.
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Cited by:
  1. Joan Mª Esteban & József Sákovics, 2005. "A Theory of Agreements in the Shadow of Conflict," Working Papers 255, Barcelona Graduate School of Economics.
  2. John Conley & Simon Wilkie, 2012. "The ordinal egalitarian bargaining solution for finite choice sets," Social Choice and Welfare, Springer, Springer, vol. 38(1), pages 23-42, January.
  3. Joan Esteban & József Sákovics, 2008. "A Theory of Agreements in the Shadow of Conflict: The Genesis of Bargaining Power," Theory and Decision, Springer, Springer, vol. 65(3), pages 227-252, November.

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