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Axiomatic bargaining theory on opportunity assignments

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Author Info
Yongsheng Xu
Naoki Yoshihara

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Abstract

This paper discusses issues of axiomatic bargaining problems over opportunity assignments. The fair arbitrator uses the principle of ``equal opportunity'' for all players to make the recommendation on resource allocations. A framework in such a context is developed and several classical solutions to standard bargaining problems are reformulated and axiomatically characterized.

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Paper provided by Institute of Economic Research, Hitotsubashi University in its series Discussion Paper Series with number a473.

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Date of creation: Jan 2006
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Handle: RePEc:hit:hituec:a473

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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. Naoki Yoshihara, 2000. "Characterizations of Bargaining Solutions in Production Economies with Unequal Skills," Discussion Paper Series a396, Institute of Economic Research, Hitotsubashi University.
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  2. Thomson, William, 1983. "Equity in exchange economies," Journal of Economic Theory, Elsevier, vol. 29(2), pages 217-244, April. [Downloadable!] (restricted)
  3. Pattanaik, Prasanta K. & Xu, Yongsheng, 2000. "On Ranking Opportunity Sets in Economic Environments," Journal of Economic Theory, Elsevier, vol. 93(1), pages 48-71, July. [Downloadable!] (restricted)
  4. Roemer, John E., 1988. "Axiomatic bargaining theory on economic environments," Journal of Economic Theory, Elsevier, vol. 45(1), pages 1-31, June. [Downloadable!] (restricted)
  5. Reiko Gotoh & Naoki Yoshihara, 2000. "A Class of Fair Distribution Rules a la Rawls and Sen," Discussion Paper Series a389, Institute of Economic Research, Hitotsubashi University.
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  6. Xu, Yongsheng & Yoshihara, Naoki, 2006. "Alternative characterizations of three bargaining solutions for nonconvex problems," Games and Economic Behavior, Elsevier, vol. 57(1), pages 86-92, October. [Downloadable!] (restricted)
  7. Roemer, John E, 1986. "Equality of Resources Implies Equality of Welfare," The Quarterly Journal of Economics, MIT Press, vol. 101(4), pages 751-84, November. [Downloadable!] (restricted)
  8. Carmen Herrero Blanco, 1995. "Capabilities And Utilities," Working Papers. Serie AD 1995-06, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie). [Downloadable!]
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  9. Kranich, Laurence, 1996. "Equitable Opportunities: An Axiomatic Approach," Journal of Economic Theory, Elsevier, vol. 71(1), pages 131-147, October. [Downloadable!] (restricted)
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  10. Nash, John, 1950. "The Bargaining Problem," Econometrica, Econometric Society, vol. 18(2), pages 155-162, April. [Downloadable!] (restricted)
  11. Herrero, Carmen, 1997. "Equitable opportunities: an extension," Economics Letters, Elsevier, vol. 55(1), pages 91-95, August. [Downloadable!] (restricted)
  12. Xu, Yongsheng, 2003. "On ranking compact and comprehensive opportunity sets," Mathematical Social Sciences, Elsevier, vol. 45(2), pages 109-119, April. [Downloadable!] (restricted)
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  1. Yongsheng Xu & Naoki Yoshihara, 2004. "Nonconvex Bargaining Problems," Discussion Paper Series a454, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
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