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Endogenous Reference Points And The Adjusted Proportional Solution For Bargaining Problems With Claims

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  • Carmen Herrero Blanco

    (Instituto Valenciano de Investigaciones Económicas)

Abstract

A modifica.tion of the proportional solution for bargaining with claims problems is proposed. This solution is construct.ed by considering an endogenous reference point. Characterization results are provided when the feasible set is not necessarily convex.

Suggested Citation

  • Carmen Herrero Blanco, 1993. "Endogenous Reference Points And The Adjusted Proportional Solution For Bargaining Problems With Claims," Working Papers. Serie AD 1993-13, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    • Handle: RePEc:ivi:wpasad:1993-13
    as

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    References listed on IDEAS

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    11. Rubinstein, Ariel & Safra, Zvi & Thomson, William, 1992. "On the Interpretation of the Nash Bargaining Solution and Its Extension to Non-expected Utility Preferences," Econometrica, Econometric Society, vol. 60(5), pages 1171-1186, September.
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    Cited by:

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    2. Stan Cheung & Marco Mariotti & Roberto Veneziani, 2024. "The Hard Problem and the Tyranny of the Loser," Working Papers 971, Queen Mary University of London, School of Economics and Finance.
    3. Bas Dietzenbacher & Peter Borm & Arantza Estévez-Fernández, 2020. "NTU-bankruptcy problems: consistency and the relative adjustment principle," Review of Economic Design, Springer;Society for Economic Design, vol. 24(1), pages 101-122, June.
    4. Bas Dietzenbacher & Hans Peters, 2022. "Characterizing NTU-bankruptcy rules using bargaining axioms," Annals of Operations Research, Springer, vol. 318(2), pages 871-888, November.
    5. Thomson, William, 2003. "Axiomatic and game-theoretic analysis of bankruptcy and taxation problems: a survey," Mathematical Social Sciences, Elsevier, vol. 45(3), pages 249-297, July.
    6. Bozbay, Irem & Dietrich, Franz & Peters, Hans, 2012. "Bargaining with endogenous disagreement: The extended Kalai–Smorodinsky solution," Games and Economic Behavior, Elsevier, vol. 74(1), pages 407-417.
    7. Lange, Andreas & Löschel, Andreas & Vogt, Carsten & Ziegler, Andreas, 2010. "On the self-interested use of equity in international climate negotiations," European Economic Review, Elsevier, vol. 54(3), pages 359-375, April.
    8. Carmen Herrero & Antonio Villar, 2010. "The rights egalitarian solution for NTU sharing problems," International Journal of Game Theory, Springer;Game Theory Society, vol. 39(1), pages 137-150, March.
    9. Carmen Herrero, 2000. "The Three Musketeers. Old Solutions to Bankruptcy Problems," Econometric Society World Congress 2000 Contributed Papers 0609, Econometric Society.
    10. Marina Núñez & Carles Rafels, 2004. "Bargained stable allocations in assignment markets," Working Papers 153, Barcelona School of Economics.

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