IDEAS home Printed from https://ideas.repec.org/a/inm/oropre/v37y1989i6p972-980.html
   My bibliography  Save this article

Axiomatic Characterizations of the Raiffa and the Kalai-Smorodinsky Solutions to the Bargaining Problem

Author

Listed:
  • Zvi A. Livne

    (Columbia University, New York, New York)

Abstract

The Raiffa Solution to the Bargaining Problem, proposed in 1951, has several appealing properties, especially when viewed as a model of the negotiation process in an integrative bargaining situation. Unlike the well known solutions of Nash and Kalai-Smorodinsky, the Raiffa Solution has not been characterized by a set of axioms. We present two axiomatic characterizations of the Raiffa Solution. In addition, we present a new axiomatic characterization of the Kalai-Smorodinsky Solution.

Suggested Citation

  • Zvi A. Livne, 1989. "Axiomatic Characterizations of the Raiffa and the Kalai-Smorodinsky Solutions to the Bargaining Problem," Operations Research, INFORMS, vol. 37(6), pages 972-980, December.
  • Handle: RePEc:inm:oropre:v:37:y:1989:i:6:p:972-980
    DOI: 10.1287/opre.37.6.972
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1287/opre.37.6.972
    Download Restriction: no

    File URL: https://libkey.io/10.1287/opre.37.6.972?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Qi Feng & Yuanchen Li & J. George Shanthikumar, 2022. "Negotiations in Competing Supply Chains: The Kalai-Smorodinsky Bargaining Solution," Management Science, INFORMS, vol. 68(8), pages 5868-5890, August.
    2. Emily Tanimura & Sylvie Thoron, 2016. "How Best to Disagree in Order to Agree?," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 18(03), pages 1-17, September.
    3. Lahiri S., 1996. "Expansion independence in choice problems," Mathematical Social Sciences, Elsevier, vol. 31(1), pages 53-53, February.
    4. Shiran Rachmilevitch, 2011. "A characterization of the Kalai–Smorodinsky bargaining solution by disagreement point monotonicity," International Journal of Game Theory, Springer;Game Theory Society, vol. 40(4), pages 691-696, November.
    5. Ephraim Zehavi & Amir Leshem, 2018. "On the Allocation of Multiple Divisible Assets to Players with Different Utilities," Computational Economics, Springer;Society for Computational Economics, vol. 52(1), pages 253-274, June.
    6. Bram Driesen & Peter Eccles & Nora Wegner, 2017. "A non-cooperative foundation for the continuous Raiffa solution," International Journal of Game Theory, Springer;Game Theory Society, vol. 46(4), pages 1115-1135, November.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:inm:oropre:v:37:y:1989:i:6:p:972-980. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Asher (email available below). General contact details of provider: https://edirc.repec.org/data/inforea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.