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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.

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File URL: http://www.ivie.es/downloads/docs/wpasad/wpasad-1993-13.pdf
File Function: Fisrt version / Primera version, 1993
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Bibliographic Info

Paper provided by Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie) in its series Working Papers. Serie AD with number 1993-13.

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Length: 24 pages
Date of creation: Dec 1993
Date of revision:
Publication status: Published by Ivie
Handle: RePEc:ivi:wpasad:1993-13

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  1. Dagan, Nir & Volij, Oscar, 1993. "The bankruptcy problem: a cooperative bargaining approach," Mathematical Social Sciences, Elsevier, vol. 26(3), pages 287-297, November.
  2. Marhuenda, F, 1995. "Distribution of Income and Aggregation of Demand," Econometrica, Econometric Society, vol. 63(3), pages 647-66, May.
  3. Chun, Youngsub & Thomson, William, 1992. "Bargaining problems with claims," Mathematical Social Sciences, Elsevier, vol. 24(1), pages 19-33, August.
  4. Bossert, Walter, 1992. "Monotonic solutions for bargaining problems with claims," Economics Letters, Elsevier, vol. 39(4), pages 395-399, August.
  5. Robert W. Rosenthal, 1975. "An Arbitration Model for Normal-Form Games," Discussion Papers 121, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
  6. 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 1171-86, September.
  7. Bossert, Walter, 1993. "An alternative solution to bargaining problems with claims," Mathematical Social Sciences, Elsevier, vol. 25(3), pages 205-220, May.
  8. Roth, Alvin E., 1977. "Independence of irrelevant alternatives, and solutions to Nash's bargaining problem," Journal of Economic Theory, Elsevier, vol. 16(2), pages 247-251, December.
  9. Antonio Villar Notario & Carmen Herrero Blanco, 1990. "Vector mappings with diagonal images," Working Papers. Serie AD 1990-01, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
  10. Thomson, William, 1981. "A class of solutions to bargaining problems," Journal of Economic Theory, Elsevier, vol. 25(3), pages 431-441, December.
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Cited by:
  1. 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.
  2. Marco Mariotti, 2003. "Even Allocations For Generalised Rationing Problems," Working Papers. Serie AD 2003-10, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
  3. 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.
  4. Carmen Herrero, 2000. "The Three Musketeers. Old Solutions to Bankruptcy Problems," Econometric Society World Congress 2000 Contributed Papers 0609, Econometric Society.
  5. Carmen Herrero & Antonio Villar, 2009. "The Rights-Egalitarian Solution for NTU Sharing Problems," Working Papers 09.01, Universidad Pablo de Olavide, Department of Economics.
  6. Marina Núñez & Carles Rafels, 2004. "Bargained stable allocations in assignment markets," Working Papers 153, Barcelona Graduate School of Economics.

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