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Endogenous reference points and the adjusted proportional solution for bargaining problems with claims

Author

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  • Carmen Herrero

    (Departamento de Fundamentos del AnÂlisis EconÕmico and IVIE, Universidad de Alicante, E-03071 Alicante, Spain)

Abstract

A modification of the proportional solution for bargaining problems with claims is proposed. This solution is constructed by considering an endogenous reference point. Characterization results of the aforementioned solution are provided.

Suggested Citation

  • Carmen Herrero, 1997. "Endogenous reference points and the adjusted proportional solution for bargaining problems with claims," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 15(1), pages 113-119.
    • Handle: RePEc:spr:sochwe:v:15:y:1997:i:1:p:113-119
    Note: Received: 22 December 1993/Accepted: 12 August 1996
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    Cited by:

    1. Marco Mariotti, 2003. "Even Allocations For Generalised Rationing Problems," Working Papers. Serie AD 2003-10, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    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. 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. 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.
    5. 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.
    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. Bas Dietzenbacher & Hans Peters, 2022. "Characterizing NTU-bankruptcy rules using bargaining axioms," Annals of Operations Research, Springer, vol. 318(2), pages 871-888, November.
    8. Marina Núñez & Carles Rafels, 2015. "Bargained stable allocations in assignment markets," Working Papers 153, Barcelona School of Economics.
    9. 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.
    10. Carmen Herrero, 2000. "The Three Musketeers. Old Solutions to Bankruptcy Problems," Econometric Society World Congress 2000 Contributed Papers 0609, Econometric Society.

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