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Terje Lensberg

Personal Details

First Name:Terje
Middle Name:
Last Name:Lensberg
Suffix:
RePEc Short-ID:ple289
http://www.nhh.no/en/research-faculty/department-of-finance/fin/cv/lensberg--terje.aspx
+47 9245 8544

Affiliation

Institutt for finans
Norges Handelshøyskole (NHH)

Bergen, Norway
http://www.nhh.no/en/research-faculty/department-of-finance.aspx

: +47-55 95 9000
5595 9100
Helleveien 30, 5045 Bergen
RePEc:edi:ifnhhno (more details at EDIRC)

Research output

as
Jump to: Working papers Articles Books

Working papers

  1. Terje Lensberg & Klaus Reiner Schenk-Hopp'e, 2013. "Hedging without sweat: a genetic programming approach," Papers 1305.6762, arXiv.org.
  2. Lensberg, Terje & Schenk-Hoppé, Klaus Reiner & Ladley, Dan, 2012. "Costs and Benefits of Speculation," Discussion Papers 2012/12, Norwegian School of Economics, Department of Business and Management Science.
  3. Lensberg, Terje & Schenk-Hoppé, Klaus Reiner, 2006. "On the Evolution of Investment Strategies and the Kelly Rule – A Darwinian Approach," Discussion Papers 2006/23, Norwegian School of Economics, Department of Business and Management Science.
  4. Lensberg, T. & van der Heijden, E.C.M., 1998. "A cross-cultural study of reciprocity, trust and altruism in a gift exchange experiment," Discussion Paper 1998-77, Tilburg University, Center for Economic Research.
  5. Lensberg, T., 1988. "Unemployment And Inflation In A Perfect Equilibrium," Papers 7-88, Norwegian School of Economics and Business Administration-.
  6. Lensberg, T. & Thomson, W., 1988. "Characterizing The Nash Bargaining Solution Without Pareto-Optimality," RCER Working Papers 136, University of Rochester - Center for Economic Research (RCER).
  7. Terje Lensberg & Klaus Reiner Schenk-Hoppé & Daniel Ladley, "undated". "Costs and Benefits of Financial Regulation: Short-Selling Bans and Transaction Taxes," Swiss Finance Institute Research Paper Series 12-27, Swiss Finance Institute.
  8. Terje Lensberg & Business Administration, "undated". "Investment Behaviour Under Knightian Uncertainty - an Evolutionary Approach," Computing in Economics and Finance 1997 144, Society for Computational Economics.

Articles

  1. Lensberg, Terje & Schenk-Hoppé, Klaus Reiner & Ladley, Dan, 2015. "Costs and benefits of financial regulation: Short-selling bans and transaction taxes," Journal of Banking & Finance, Elsevier, vol. 51(C), pages 103-118.
  2. Ladley, Daniel & Lensberg, Terje & Palczewski, Jan & Schenk-Hoppé, Klaus Reiner, 2015. "Fragmentation and stability of markets," Journal of Economic Behavior & Organization, Elsevier, vol. 119(C), pages 466-481.
  3. Thorsten Hens & Terje Lensberg & Klaus Schenk-Hoppé & Peter Wöhrmann, 2011. "An evolutionary explanation of the value premium puzzle," Journal of Evolutionary Economics, Springer, vol. 21(5), pages 803-815, December.
  4. Lensberg, Terje & Eilifsen, Aasmund & McKee, Thomas E., 2006. "Bankruptcy theory development and classification via genetic programming," European Journal of Operational Research, Elsevier, vol. 169(2), pages 677-697, March.
  5. McKee, Thomas E. & Lensberg, Terje, 2002. "Genetic programming and rough sets: A hybrid approach to bankruptcy classification," European Journal of Operational Research, Elsevier, vol. 138(2), pages 436-451, April.
  6. Terje Lensberg, 1999. "Does Foreign R&D Competition Promote Domestic R&D?," Nordic Journal of Political Economy, Nordic Journal of Political Economy, vol. 25, pages 75-85.
  7. Lensberg, Terje, 1999. "Investment behavior under Knightian uncertainty - An evolutionary approach," Journal of Economic Dynamics and Control, Elsevier, vol. 23(9-10), pages 1587-1604, September.
  8. Lensberg, Terje, 1997. "Rational fix-price dynamics," European Economic Review, Elsevier, vol. 41(1), pages 163-186, January.
  9. Lensberg, Terje, 1988. "Stability and the Nash solution," Journal of Economic Theory, Elsevier, vol. 45(2), pages 330-341, August.
  10. Lensberg, Terje, 1987. "Stability and Collective Rationality," Econometrica, Econometric Society, vol. 55(4), pages 935-961, July.
  11. Thomson, William & Lensberg, Terje, 1983. "Guarantee structures for problems of fair division," Mathematical Social Sciences, Elsevier, vol. 4(3), pages 205-218, July.

Books

  1. Thomson,William & Lensberg,Terje, 2006. "Axiomatic Theory of Bargaining with a Variable Number of Agents," Cambridge Books, Cambridge University Press, number 9780521027038.

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Working papers

  1. Terje Lensberg & Klaus Reiner Schenk-Hopp'e, 2013. "Hedging without sweat: a genetic programming approach," Papers 1305.6762, arXiv.org.

    Cited by:

    1. Palczewski, Jan & Poulsen, Rolf & Schenk-Hoppé, Klaus Reiner & Wang, Huamao, 2015. "Dynamic portfolio optimization with transaction costs and state-dependent drift," European Journal of Operational Research, Elsevier, vol. 243(3), pages 921-931.

  2. Lensberg, Terje & Schenk-Hoppé, Klaus Reiner & Ladley, Dan, 2012. "Costs and Benefits of Speculation," Discussion Papers 2012/12, Norwegian School of Economics, Department of Business and Management Science.

    Cited by:

    1. Chiarella, Carl & Ladley, Daniel, 2016. "Chasing trends at the micro-level: The effect of technical trading on order book dynamics," Journal of Banking & Finance, Elsevier, vol. 72(S), pages 119-131.

  3. Lensberg, Terje & Schenk-Hoppé, Klaus Reiner, 2006. "On the Evolution of Investment Strategies and the Kelly Rule – A Darwinian Approach," Discussion Papers 2006/23, Norwegian School of Economics, Department of Business and Management Science.

    Cited by:

    1. Igor V. EVSTIGNEEVY & Thorsten HENS & Klaus Reiner SCHENK-HOPPE, "undated". "An evolutionary financial market model with a risk-free asset," Swiss Finance Institute Research Paper Series 10-36, Swiss Finance Institute.
    2. Lensberg, Terje & Schenk-Hoppé, Klaus Reiner & Ladley, Dan, 2015. "Costs and benefits of financial regulation: Short-selling bans and transaction taxes," Journal of Banking & Finance, Elsevier, vol. 51(C), pages 103-118.
    3. Witte, Björn-Christopher, 2012. "Fund managers - Why the best might be the worst: On the evolutionary vigor of risk-seeking behavior," Economics Discussion Papers 2012-20, Kiel Institute for the World Economy (IfW).
    4. Lensberg, Terje & Schenk-Hoppé, Klaus Reiner & Ladley, Dan, 2012. "Costs and Benefits of Speculation," Discussion Papers 2012/12, Norwegian School of Economics, Department of Business and Management Science.
    5. Witte, Björn-Christopher, 2011. "Fund managers - why the best might be the worst: On the evolutionary vigor of risk-seeking behavior," BERG Working Paper Series 81, Bamberg University, Bamberg Economic Research Group.
    6. Igor V. Evstigneev & Thorsten Hens & Klaus Reiner Schenk-Hoppé, 2008. "Evolutionary Finance," Swiss Finance Institute Research Paper Series 08-14, Swiss Finance Institute.
    7. Dan Ladley & Seth Bullock, 2008. "The Strategic Exploitation of Limited Information and Opportunity in Networked Markets," Computational Economics, Springer;Society for Computational Economics, vol. 32(3), pages 295-315, October.

  4. Lensberg, T. & van der Heijden, E.C.M., 1998. "A cross-cultural study of reciprocity, trust and altruism in a gift exchange experiment," Discussion Paper 1998-77, Tilburg University, Center for Economic Research.

    Cited by:

    1. Hessel Oosterbeek & Randolph Sloof & Gijs van de Kuilen, 2004. "Cultural Differences in Ultimatum Game Experiments: Evidence from a Meta-Analysis," Experimental Economics, Springer;Economic Science Association, vol. 7(2), pages 171-188, June.
    2. Ohana, Marc, 2009. "La réciprocité sur le marché du travail : les limites du laboratoire," L'Actualité Economique, Société Canadienne de Science Economique, vol. 85(2), pages 239-256, juin.
    3. Gagnon, Nickolas & Noussair, C., 2016. "Does Reciprocity Persist Over Time?," Research Memorandum 033, Maastricht University, Graduate School of Business and Economics (GSBE).
    4. van der Heijden, Eline C M, et al, 2001. "Simple and Complex Gift Exchange in the Laboratory," Economic Inquiry, Western Economic Association International, vol. 39(2), pages 280-297, April.
    5. Simon G�chter & Ernst Fehr, "undated". "Fairness in the Labour Market � A Survey of Experimental Results," IEW - Working Papers 114, Institute for Empirical Research in Economics - University of Zurich.
    6. Eline van der Heijden & Jan H.M. Nelissen & Harrie A.A. Verbon, 2002. "Should the Same Side of the Market Always Move First in a Transaction?. An Experimental Study," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 158(2), pages 344-344, June.
    7. Akira Okada & Arno Riedl, 1999. "When Culture does not matter: Experimental Evidence from Coalition Formation Ultimatum Games in Austria and Japan," Tinbergen Institute Discussion Papers 99-043/1, Tinbergen Institute.
    8. van der Heijden, E.C.M. & Nelissen, J.H.M. & Potters, J.J.M. & Verbon, H.A.A., 2001. "Simple and complex gift exchange in the laboratory," Other publications TiSEM cf38153a-2229-414a-92dc-a, Tilburg University, School of Economics and Management.

  5. Lensberg, T. & Thomson, W., 1988. "Characterizing The Nash Bargaining Solution Without Pareto-Optimality," RCER Working Papers 136, University of Rochester - Center for Economic Research (RCER).

    Cited by:

    1. M. Voorneveld & A. Nouweland & R. McLean, 2011. "Axiomatizations of the Euclidean compromise solution," International Journal of Game Theory, Springer;Game Theory Society, vol. 40(3), pages 427-448, August.
    2. Klaus Kultti & Hannu Vartiainen, 2010. "Multilateral non-cooperative bargaining in a general utility space," International Journal of Game Theory, Springer;Game Theory Society, vol. 39(4), pages 677-689, October.
    3. Driesen, Bram, 2016. "Truncated Leximin solutions," Mathematical Social Sciences, Elsevier, vol. 83(C), pages 79-87.
    4. Rachmilevitch, Shiran, 2015. "Nash bargaining with (almost) no rationality," Mathematical Social Sciences, Elsevier, vol. 76(C), pages 107-109.
    5. Herings, P. Jean-Jacques & Predtetchinski, Arkadi, 2011. "On the asymptotic uniqueness of bargaining equilibria," Economics Letters, Elsevier, vol. 111(3), pages 243-246, June.
    6. Donald Campbell & Jerry Kelly, 2014. "Universally beneficial manipulation: a characterization," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 43(2), pages 329-355, August.

  6. Terje Lensberg & Klaus Reiner Schenk-Hoppé & Daniel Ladley, "undated". "Costs and Benefits of Financial Regulation: Short-Selling Bans and Transaction Taxes," Swiss Finance Institute Research Paper Series 12-27, Swiss Finance Institute.

    Cited by:

    1. Nathalie Oriol & Iryna Veryzhenko, 2015. "Market Structure or Traders' Behaviour? An Assessment of Flash Crash Phenomena and their Regulation based on a Multi-agent Simulation," GREDEG Working Papers 2015-16, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), University of Nice Sophia Antipolis.
    2. Ladley, Daniel & Lensberg, Terje & Palczewski, Jan & Schenk-Hoppé, Klaus Reiner, 2015. "Fragmentation and stability of markets," Journal of Economic Behavior & Organization, Elsevier, vol. 119(C), pages 466-481.

  7. Terje Lensberg & Business Administration, "undated". "Investment Behaviour Under Knightian Uncertainty - an Evolutionary Approach," Computing in Economics and Finance 1997 144, Society for Computational Economics.

    Cited by:

    1. Hans-Werner Sinn, 1999. "Inflation and Welfare: Comment on Robert Lucas," CESifo Working Paper Series 179, CESifo Group Munich.
    2. Witte, Björn-Christopher, 2012. "Fund managers - Why the best might be the worst: On the evolutionary vigor of risk-seeking behavior," Economics Discussion Papers 2012-20, Kiel Institute for the World Economy (IfW).
    3. Chen, Shu-Heng, 2012. "Varieties of agents in agent-based computational economics: A historical and an interdisciplinary perspective," Journal of Economic Dynamics and Control, Elsevier, vol. 36(1), pages 1-25.
    4. d’Andria, D. & Savin, I., 2018. "A Win-Win-Win? Motivating innovation in a knowledge economy with tax incentives," Technological Forecasting and Social Change, Elsevier, vol. 127(C), pages 38-56.
    5. Lensberg, Terje & Schenk-Hoppé, Klaus Reiner, 2006. "On the Evolution of Investment Strategies and the Kelly Rule – A Darwinian Approach," Discussion Papers 2006/23, Norwegian School of Economics, Department of Business and Management Science.
    6. Witte, Björn-Christopher, 2011. "Fund managers - why the best might be the worst: On the evolutionary vigor of risk-seeking behavior," BERG Working Paper Series 81, Bamberg University, Bamberg Economic Research Group.
    7. Yu, Zuwei, 2003. "A spatial mean-variance MIP model for energy market risk analysis," Energy Economics, Elsevier, vol. 25(3), pages 255-268, May.

Articles

  1. Lensberg, Terje & Schenk-Hoppé, Klaus Reiner & Ladley, Dan, 2015. "Costs and benefits of financial regulation: Short-selling bans and transaction taxes," Journal of Banking & Finance, Elsevier, vol. 51(C), pages 103-118.
    See citations under working paper version above.
  2. Thorsten Hens & Terje Lensberg & Klaus Schenk-Hoppé & Peter Wöhrmann, 2011. "An evolutionary explanation of the value premium puzzle," Journal of Evolutionary Economics, Springer, vol. 21(5), pages 803-815, December.

    Cited by:

    1. Lilian de Castro Medeiros & Aureliano Angel Bressan, 2015. "Value Premium and Country Risk as Dimensions to Estimate Conditional Returns: a Study of the Brazilian Market," Brazilian Business Review, Fucape Business School, vol. 12(3), pages 67-90, May.
    2. Igor V. EVSTIGNEEVY & Thorsten HENS & Klaus Reiner SCHENK-HOPPE, "undated". "An evolutionary financial market model with a risk-free asset," Swiss Finance Institute Research Paper Series 10-36, Swiss Finance Institute.

  3. Lensberg, Terje & Eilifsen, Aasmund & McKee, Thomas E., 2006. "Bankruptcy theory development and classification via genetic programming," European Journal of Operational Research, Elsevier, vol. 169(2), pages 677-697, March.

    Cited by:

    1. du Jardin, Philippe, 2012. "The influence of variable selection methods on the accuracy of bankruptcy prediction models," MPRA Paper 44383, University Library of Munich, Germany.
    2. Davalos, Sergio & Gritta, Richard D. & Adrangi, Bahram, 2007. "Deriving Rules for Forecasting Air Carrier Financial Stress and Insolvency: A Genetic Algorithm Approach," Journal of the Transportation Research Forum, Transportation Research Forum, vol. 46(2).
    3. du Jardin, Philippe, 2015. "Bankruptcy prediction using terminal failure processes," European Journal of Operational Research, Elsevier, vol. 242(1), pages 286-303.
    4. Syouching Lai & Hungchih Li, 2006. "The predictive power of quarterly earnings per share based on time series and artificial intelligence model," Applied Financial Economics, Taylor & Francis Journals, vol. 16(18), pages 1375-1388.
    5. Elisa Ughetto & Andrea Vezzulli, 2011. "What role can mutual guarantee consortia play for financing innovation? A firm-level study for Italy," International Journal of Banking, Accounting and Finance, Inderscience Enterprises Ltd, vol. 3(4), pages 294-319.
    6. Erkki Laitinen, 2011. "Assessing viability of Finnish reorganization and bankruptcy firms," European Journal of Law and Economics, Springer, vol. 31(2), pages 167-198, April.
    7. Layla Khoja & Maxwell Chipulu & Ranadeva Jayasekera, 2016. "Analysing corporate insolvency in the Gulf Cooperation Council using logistic regression and multidimensional scaling," Review of Quantitative Finance and Accounting, Springer, vol. 46(3), pages 483-518, April.

  4. McKee, Thomas E. & Lensberg, Terje, 2002. "Genetic programming and rough sets: A hybrid approach to bankruptcy classification," European Journal of Operational Research, Elsevier, vol. 138(2), pages 436-451, April.

    Cited by:

    1. Eduardo Acosta-González & Fernando Fernández-Rodríguez, 2014. "Forecasting Financial Failure of Firms via Genetic Algorithms," Computational Economics, Springer;Society for Computational Economics, vol. 43(2), pages 133-157, February.
    2. Sun, Lili & Shenoy, Prakash P., 2007. "Using Bayesian networks for bankruptcy prediction: Some methodological issues," European Journal of Operational Research, Elsevier, vol. 180(2), pages 738-753, July.
    3. Eder Oliveira Abensur, 2007. "Genetic Algorithms for Development of New Financial Products," Brazilian Review of Finance, Brazilian Society of Finance, vol. 5(1), pages 59-77.
    4. de Andres, Javier & Landajo, Manuel & Lorca, Pedro, 2005. "Forecasting business profitability by using classification techniques: A comparative analysis based on a Spanish case," European Journal of Operational Research, Elsevier, vol. 167(2), pages 518-542, December.
    5. Thomas E. McKee, 2003. "Rough sets bankruptcy prediction models versus auditor signalling rates," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 22(8), pages 569-586.
    6. Lensberg, Terje & Eilifsen, Aasmund & McKee, Thomas E., 2006. "Bankruptcy theory development and classification via genetic programming," European Journal of Operational Research, Elsevier, vol. 169(2), pages 677-697, March.
    7. Fen-May Liou & Ying-Chan Tang & Jean-Yi Chen, 2008. "Detecting hospital fraud and claim abuse through diabetic outpatient services," Health Care Management Science, Springer, vol. 11(4), pages 353-358, December.
    8. Pablo de Llano Monelos & Manuel Rodríguez López & Carlos Piñeiro Sánchez, 2013. "Bankruptcy Prediction Models in Galician companies. Application of Parametric Methodologies and Artificial Intelligence," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(1), pages 117-136.
    9. Li, Hui & Sun, Jie, 2012. "Forecasting business failure: The use of nearest-neighbour support vectors and correcting imbalanced samples – Evidence from the Chinese hotel industry," Tourism Management, Elsevier, vol. 33(3), pages 622-634.
    10. Llano Monelos Pablo De & Piñeiro Sánchez Carlos & Rodríguez López Manuel, 2014. "DEA as a business failure prediction tool. Application to the case of galician SMEs," Contaduría y Administración, Accounting and Management, vol. 59(2), pages 65-96, abril-jun.
    11. Sajad Abdipour & Ahmad Nasseri & Mojtaba Akbarpour & Hossein Parsian & Shahrzad Zamani, 2013. "Integrating Neural Network and Colonial Competitive Algorithm: A New Approach for Predicting Bankruptcy in Tehran Security Exchange," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 3(11), pages 1528-1539, November.
    12. Ravi Kumar, P. & Ravi, V., 2007. "Bankruptcy prediction in banks and firms via statistical and intelligent techniques - A review," European Journal of Operational Research, Elsevier, vol. 180(1), pages 1-28, July.

  5. Lensberg, Terje, 1999. "Investment behavior under Knightian uncertainty - An evolutionary approach," Journal of Economic Dynamics and Control, Elsevier, vol. 23(9-10), pages 1587-1604, September.
    See citations under working paper version above.
  6. Lensberg, Terje, 1988. "Stability and the Nash solution," Journal of Economic Theory, Elsevier, vol. 45(2), pages 330-341, August.

    Cited by:

    1. William Thomson, 2006. "On the Existence of Consistent Rules to Adjudicate Conflicting Claims: A Constructive Geometric Approach," RCER Working Papers 528, University of Rochester - Center for Economic Research (RCER).
    2. van den Nouweland, C.G.A.M. & Peleg, B. & Tijs, S.H., 1994. "Axiomatic characterizations of the Walras correspondence for generalized economies," Discussion Paper 1994-58, Tilburg University, Center for Economic Research.
    3. Banerji, A. & Meenakshi, J.V. & Khanna, Gauri, 2012. "Social contracts, markets and efficiency: Groundwater irrigation in North India," Journal of Development Economics, Elsevier, vol. 98(2), pages 228-237.
    4. Nir Dagan, 1996. "Consistency and the Walrasian Allocations Correspondence," Economic theory and game theory 012, Nir Dagan.
    5. Andriy Zapechelnyuk, 2012. "Eliciting Information from a Committee," Working Papers 692, Queen Mary University of London, School of Economics and Finance.
    6. Dequiedt, Vianney & Zenou, Yves, 2014. "Local and Consistent Centrality Measures in Networks," CEPR Discussion Papers 10031, C.E.P.R. Discussion Papers.
    7. Bram Driesen, 2016. "Bargaining, conditional consistency, and weighted lexicographic Kalai-Smorodinsky Solutions," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 46(4), pages 777-809, April.
    8. Volij, Oscar & Dagan, Nir & Winter, Eyal, 2002. "A Characterization of the Nash Bargaining Solution," Staff General Research Papers Archive 5259, Iowa State University, Department of Economics.
    9. Yan-An Hwang, 2009. "An NTU value under complement reduced game," International Journal of Game Theory, Springer;Game Theory Society, vol. 38(3), pages 305-324, November.
    10. Qin, CZ & Shi, S & Tan, G, 2015. "Nash bargaining for log-convex problems," University of California at Santa Barbara, Recent Works in Economics qt5dn8c7hp, Department of Economics, UC Santa Barbara.
    11. Nir Dagan, 1995. "Consistent solutions in exchange economies: A characterization of the price mechanism," Economics Working Papers 141, Department of Economics and Business, Universitat Pompeu Fabra.
    12. Rebelo, S., 1997. "On the Determinant of Economic Growth," RCER Working Papers 443, University of Rochester - Center for Economic Research (RCER).
    13. Siegfried K. Berninghaus & Werner Güth, 2002. "NOW OR LATER? - An Analysis of the Timing of Threats in Bargaining," Papers on Strategic Interaction 2002-38, Max Planck Institute of Economics, Strategic Interaction Group.
    14. Serrano, Roberto, 1997. "Reinterpreting the Kernel," Journal of Economic Theory, Elsevier, vol. 77(1), pages 58-80, November.
    15. Peleg, Bezalel & Tijs, Stef, 1996. "The Consistency Principle for Games in Strategic Forms," International Journal of Game Theory, Springer;Game Theory Society, vol. 25(1), pages 13-34.
    16. Volij, Oscar & Serrano, Roberto, 1998. "Axiomatizations of Neoclassical Concepts for Economies," Staff General Research Papers Archive 5192, Iowa State University, Department of Economics.
    17. Chun, Youngsub, 2002. "The Converse Consistency Principle in Bargaining," Games and Economic Behavior, Elsevier, vol. 40(1), pages 25-43, July.
    18. Carmen Marchiori & Susan Sayre & Leo Simon, 2012. "Bargaining and Devolution in the Upper Guadiana Basin," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 51(3), pages 453-470, March.
    19. Sudhölter, Peter & Zarzuelo, José M., 2015. "On highway problems," Discussion Papers of Business and Economics 13/2015, University of Southern Denmark, Department of Business and Economics.
    20. Werner Güth, "undated". "On the Inconsistency of Equilibrium Refinement," Papers on Strategic Interaction 2002-48, Max Planck Institute of Economics, Strategic Interaction Group.
    21. M. Voorneveld & A. Nouweland & R. McLean, 2011. "Axiomatizations of the Euclidean compromise solution," International Journal of Game Theory, Springer;Game Theory Society, vol. 40(3), pages 427-448, August.
    22. Britz Volker & Herings P. Jean-Jacques & Predtetchinski Arkadi, 2008. "Non-cooperative Support for the Asymmetric Nash Bargaining solution," Research Memorandum 018, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    23. Chae, Suchan & Heidhues, Paul, 2004. "A group bargaining solution," Mathematical Social Sciences, Elsevier, vol. 48(1), pages 37-53, July.
    24. Vianney Dequiedt & Yves Zenou, 2017. "Local and consistent centrality measures in parameterized networks," Post-Print halshs-01528908, HAL.
    25. William Thomson, 2011. "Consistency and its converse: an introduction," Review of Economic Design, Springer;Society for Economic Design, vol. 15(4), pages 257-291, December.
    26. Driesen, Bram, 2016. "Truncated Leximin solutions," Mathematical Social Sciences, Elsevier, vol. 83(C), pages 79-87.
    27. Kaminski, Marek M., 2006. "Parametric rationing methods," Games and Economic Behavior, Elsevier, vol. 54(1), pages 115-133, January.
    28. Dagan, N. & Serrano, R. & Volij, O.C., 1994. "A Non-Cooperative View of Consistent Bankruptcy Rules," Discussion Paper 1994-11, Tilburg University, Center for Economic Research.
    29. Nir Dagan, 2008. "An axiomatization of the leveling tax-transfer policy," Economic theory and game theory 020, Nir Dagan.
    30. Chae, Suchan & Moulin, Herve, 2004. "Bargaining among Groups: An Axiomatic Viewpoint," Working Papers 2004-01, Rice University, Department of Economics.
    31. Kaminski, Marek M., 2004. "Social choice and information: the informational structure of uniqueness theorems in axiomatic social theories," Mathematical Social Sciences, Elsevier, vol. 48(2), pages 121-138, September.
    32. van Aarle, B. & Engwerda, J.C. & Plasmans, J.E.J. & Weeren, A.J.T.M., 2001. "Macroeconomic policy interaction under EMU : A dynamic game approach," Other publications TiSEM 2ce7e28d-97f5-4b29-b1d2-3, Tilburg University, School of Economics and Management.
    33. Voorneveld, Mark & van den Nouweland, Anne & McLean, Rich, 2008. "An axiomatization of the Euclidean compromise solution," SSE/EFI Working Paper Series in Economics and Finance 703, Stockholm School of Economics.
    34. Rachmilevitch, Shiran, 2015. "Nash bargaining with (almost) no rationality," Mathematical Social Sciences, Elsevier, vol. 76(C), pages 107-109.
    35. Roberto Serrano, 2004. "Fifty Years of the Nash Program, 1953-2003," Working Papers 2004-20, Brown University, Department of Economics.
    36. Serrano, Roberto & Shimomura, Ken-Ichi, 1998. "Beyond Nash Bargaining Theory: The Nash Set," Journal of Economic Theory, Elsevier, vol. 83(2), pages 286-307, December.
    37. Suh, Sang-Chul & Wen, Quan, 2006. "Multi-agent bilateral bargaining and the Nash bargaining solution," Journal of Mathematical Economics, Elsevier, vol. 42(1), pages 61-73, February.
    38. Iturbe-Ormaetxe, Inigo & Vazquez, Jorge Nieto, 1996. "A stable and consistent solution to distribution problems," Economics Letters, Elsevier, vol. 50(2), pages 243-249, February.
    39. Roberto Serrano, 2007. "Bargaining," Working Papers 2007-06, Instituto Madrileño de Estudios Avanzados (IMDEA) Ciencias Sociales.
    40. Luis G. Gonzalez & Werner Güth & Wiebke Kuklys, 2004. "The Consistency Axiom - An Experimental Study -," Papers on Strategic Interaction 2004-25, Max Planck Institute of Economics, Strategic Interaction Group.
    41. Roberto Serrano & Ken Ichi Shimomura, 1996. "An axiomatization of the prekernel of nontransferable utility games," Economics Working Papers 167, Department of Economics and Business, Universitat Pompeu Fabra.
    42. Youngsub Chun, 2001. "The Separability Principle in Bargaining," Working Paper Series no43, Institute of Economic Research, Seoul National University.
    43. Suchan Chae & Paul Heidhues, 2001. "Nash Bargaining Solution with Coalitions and The Joint Bargaining Paradox," CIG Working Papers FS IV 01-15, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
    44. Ferrall, Christopher & Salvanes, Kjell G. & Sørensen, Erik Ø., 2009. "Wages and Seniority When Coworkers Matter: Estimating a Joint Production Economy Using Norwegian Administrative Data," IZA Discussion Papers 4130, Institute for the Study of Labor (IZA).
    45. Kultti, Klaus & Vartiainen, Hannu, 2007. "Von Neumann-Morgenstern stable sets, discounting, and Nash bargaining," Journal of Economic Theory, Elsevier, vol. 137(1), pages 721-728, November.
    46. Hinojosa, M.A. & Romero, E. & Zarzuelo, J.M., 2012. "Consistency of the Harsanyi NTU configuration value," Games and Economic Behavior, Elsevier, vol. 76(2), pages 665-677.
    47. Chang, Chih & Hu, Cheng-Cheng, 2008. "A non-cooperative interpretation of the f-just rules of bankruptcy problems," Games and Economic Behavior, Elsevier, vol. 63(1), pages 133-144, May.
    48. Marco Mariotii, 1996. "Fair bargains: distributive justice and Nash Bargaining Theory," Game Theory and Information 9611003, EconWPA, revised 06 Dec 1996.
    49. Dimitris Bertsimas & Vivek F. Farias & Nikolaos Trichakis, 2012. "On the Efficiency-Fairness Trade-off," Management Science, INFORMS, vol. 58(12), pages 2234-2250, December.
    50. Caruana, Guillermo & Einav, Liran & Quint, Daniel, 2007. "Multilateral bargaining with concession costs," Journal of Economic Theory, Elsevier, vol. 132(1), pages 147-166, January.
    51. Spulber, Daniel F., 2016. "Patent licensing and bargaining with innovative complements and substitutes," Research in Economics, Elsevier, vol. 70(4), pages 693-713.
    52. Xu, Yongsheng, 2012. "Symmetry-based compromise and the Nash solution to convex bargaining problems," Economics Letters, Elsevier, vol. 115(3), pages 484-486.
    53. M. Hinojosa & E. Romero-Palacios & J. Zarzuelo, 2015. "Consistency of the Shapley NTU value in G-hyperplane games," Review of Economic Design, Springer;Society for Economic Design, vol. 19(4), pages 259-278, December.
    54. Balakrishnan, P.V. (Sundar) & Gómez, Juan Camilo & Vohra, Rakesh V., 2011. "The Tempered Aspirations solution for bargaining problems with a reference point," Mathematical Social Sciences, Elsevier, vol. 62(3), pages 144-150.
    55. Nizamogullari, Duygu & Özkal-Sanver, İpek, 2014. "Characterization of the core in full domain marriage problems," Mathematical Social Sciences, Elsevier, vol. 69(C), pages 34-42.
    56. Orshan, Gooni & Zarzuelo, Jose M., 2000. "The Bilateral Consistent Prekernel for NTU Games," Games and Economic Behavior, Elsevier, vol. 32(1), pages 67-84, July.

  7. Lensberg, Terje, 1987. "Stability and Collective Rationality," Econometrica, Econometric Society, vol. 55(4), pages 935-961, July.

    Cited by:

    1. Charles Blackorby, & Walter Bossert & David Donaldson,, "undated". "Rationalizable Solutions to Pure Population Problems," Discussion Papers 97/12, University of Nottingham, School of Economics.
    2. Chun, Youngsub, 2002. "The Converse Consistency Principle in Bargaining," Games and Economic Behavior, Elsevier, vol. 40(1), pages 25-43, July.
    3. Echenique, Federico & Chambers, Christopher P., 2014. "On the consistency of data with bargaining theories," Theoretical Economics, Econometric Society, vol. 9(1), January.
    4. Stovall, John E., 2014. "Asymmetric parametric division rules," Games and Economic Behavior, Elsevier, vol. 84(C), pages 87-110.
    5. William Thomson, 2011. "Consistency and its converse: an introduction," Review of Economic Design, Springer;Society for Economic Design, vol. 15(4), pages 257-291, December.
    6. Kaminski, Marek M., 2006. "Parametric rationing methods," Games and Economic Behavior, Elsevier, vol. 54(1), pages 115-133, January.
    7. Nir Dagan, 2008. "An axiomatization of the leveling tax-transfer policy," Economic theory and game theory 020, Nir Dagan.
    8. Justin Leroux, 2006. "A discussion of the consistency axiom in cost-allocation problems," Cahiers de recherche 06-13, HEC Montréal, Institut d'économie appliquée.
    9. Hu, Cheng-Cheng & Tsay, Min-Hung & Yeh, Chun-Hsien, 2012. "Axiomatic and strategic justifications for the constrained equal benefits rule in the airport problem," Games and Economic Behavior, Elsevier, vol. 75(1), pages 185-197.
    10. Serrano, Roberto & Shimomura, Ken-Ichi, 1998. "Beyond Nash Bargaining Theory: The Nash Set," Journal of Economic Theory, Elsevier, vol. 83(2), pages 286-307, December.
    11. Youngsub Chun, 2001. "The Separability Principle in Bargaining," Working Paper Series no43, Institute of Economic Research, Seoul National University.
    12. Szwagrzak, Karol, 2014. "Strategy-proof market clearing mechanisms," Discussion Papers of Business and Economics 4/2014, University of Southern Denmark, Department of Business and Economics.
    13. Stovall, John E., 2014. "Collective rationality and monotone path division rules," Journal of Economic Theory, Elsevier, vol. 154(C), pages 1-24.
    14. Ok, Efe A., 1998. "Inequality averse collective choice," Journal of Mathematical Economics, Elsevier, vol. 30(3), pages 301-321, October.
    15. Kaminski, Marek M., 2000. "'Hydraulic' rationing," Mathematical Social Sciences, Elsevier, vol. 40(2), pages 131-155, September.
    16. Bossert, Walter, 1998. "Welfarism and rationalizability in allocation problems with indivisibilities1," Mathematical Social Sciences, Elsevier, vol. 35(2), pages 133-150, March.
    17. Sanchez, M. Carmen, 2000. "Rationality of bargaining solutions," Journal of Mathematical Economics, Elsevier, vol. 33(4), pages 389-399, May.
    18. Yeh, Chun-Hsien, 2006. "Reduction-consistency in collective choice problems," Journal of Mathematical Economics, Elsevier, vol. 42(6), pages 637-652, September.
    19. Nizamogullari, Duygu & Özkal-Sanver, İpek, 2014. "Characterization of the core in full domain marriage problems," Mathematical Social Sciences, Elsevier, vol. 69(C), pages 34-42.

  8. Thomson, William & Lensberg, Terje, 1983. "Guarantee structures for problems of fair division," Mathematical Social Sciences, Elsevier, vol. 4(3), pages 205-218, July.

    Cited by:

    1. Harless, Patrick, 2017. "Wary of the worst: Maximizing award guarantees when new claimants may arrive," Games and Economic Behavior, Elsevier, vol. 105(C), pages 316-328.

Books

  1. Thomson,William & Lensberg,Terje, 2006. "Axiomatic Theory of Bargaining with a Variable Number of Agents," Cambridge Books, Cambridge University Press, number 9780521027038.

    Cited by:

    1. Jerry Green, 2005. "Compensatory transfers in two-player decision problems," International Journal of Game Theory, Springer;Game Theory Society, vol. 33(2), pages 159-180, June.
    2. Benoît Lengaigne, 2004. "Nash : changement de programme ?," Revue d'économie politique, Dalloz, vol. 114(5), pages 637-662.
    3. Bram Driesen, 2016. "Bargaining, conditional consistency, and weighted lexicographic Kalai-Smorodinsky Solutions," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 46(4), pages 777-809, April.
    4. Clark, Derek, 1995. "Priority setting in health care: An axiomatic bargaining approach," Journal of Health Economics, Elsevier, vol. 14(3), pages 345-360, August.
    5. Jacob Engwerda & Rudy Douven, 2008. "On the sensitivity matrix of the Nash bargaining solution," International Journal of Game Theory, Springer;Game Theory Society, vol. 37(2), pages 265-279, June.
    6. Yan-An Hwang, 2009. "An NTU value under complement reduced game," International Journal of Game Theory, Springer;Game Theory Society, vol. 38(3), pages 305-324, November.
    7. Rebelo, S., 1997. "On the Determinant of Economic Growth," RCER Working Papers 443, University of Rochester - Center for Economic Research (RCER).
    8. Gersbach, Hans & Haller, Hans, 2010. "Bargaining cum Voice," CEPR Discussion Papers 7774, C.E.P.R. Discussion Papers.
    9. Peleg, Bezalel & Tijs, Stef, 1996. "The Consistency Principle for Games in Strategic Forms," International Journal of Game Theory, Springer;Game Theory Society, vol. 25(1), pages 13-34.
    10. Herrero, Carmen & Maschler, Michael & Villar, Antonio, 1999. "Individual rights and collective responsibility: the rights-egalitarian solution," Mathematical Social Sciences, Elsevier, vol. 37(1), pages 59-77, January.
    11. Echenique, Federico & Chambers, Christopher P., 2014. "On the consistency of data with bargaining theories," Theoretical Economics, Econometric Society, vol. 9(1), January.
    12. Klaus Kultti & Hannu Vartiainen, 2010. "Multilateral non-cooperative bargaining in a general utility space," International Journal of Game Theory, Springer;Game Theory Society, vol. 39(4), pages 677-689, October.
    13. Driesen, Bram, 2016. "Truncated Leximin solutions," Mathematical Social Sciences, Elsevier, vol. 83(C), pages 79-87.
    14. Saglam, Ismail, 2016. "An Alternative Characterization for Iterated Kalai-Smorodinsky-Nash Compromise," MPRA Paper 73564, University Library of Munich, Germany.
    15. Vartiainen, Hannu, 2006. "Implementing a surplus division rule," Economics Letters, Elsevier, vol. 90(1), pages 108-115, January.
    16. Kaushik Basu, 1996. "Bargaining with set-valued disagreement," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 13(1), pages 61-74, January.
    17. Justin Leroux, 2006. "A discussion of the consistency axiom in cost-allocation problems," Cahiers de recherche 06-13, HEC Montréal, Institut d'économie appliquée.
    18. Chae, Suchan & Moulin, Herve, 2004. "Bargaining among Groups: An Axiomatic Viewpoint," Working Papers 2004-01, Rice University, Department of Economics.
    19. Kaminski, Marek M., 2004. "Social choice and information: the informational structure of uniqueness theorems in axiomatic social theories," Mathematical Social Sciences, Elsevier, vol. 48(2), pages 121-138, September.
    20. Bram Driesen, 2011. "Proportional Concessions and the Leximin Solution," Working Paper Series 1106, Óbuda University, Keleti Faculty of Business and Management.
    21. Emililo Calvo, 2004. "Single NTU-value solutions," Game Theory and Information 0405004, EconWPA, revised 10 Jun 2004.
    22. Adam Kalai & Ehud Kalai, 2011. "Cooperation in Strategic Games Revisited," Discussion Papers 1512, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    23. Calvo, Emilio, 2006. "Random Marginal and Random Removal values," MPRA Paper 142, University Library of Munich, Germany.
    24. Suh, Sang-Chul & Wen, Quan, 2006. "Multi-agent bilateral bargaining and the Nash bargaining solution," Journal of Mathematical Economics, Elsevier, vol. 42(1), pages 61-73, February.
    25. Iturbe-Ormaetxe, Inigo & Vazquez, Jorge Nieto, 1996. "A stable and consistent solution to distribution problems," Economics Letters, Elsevier, vol. 50(2), pages 243-249, February.
    26. Youngsub Chun, 2005. "The replacement principle in bargaining," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 25(1), pages 141-154, October.
    27. Gallo, Oihane & Inarra, Elena, 0. "Rationing rules and stable coalition structures," Theoretical Economics, Econometric Society.
    28. Ismail Saglam, 2017. "Iterated Kalai–Smorodinsky–Nash compromise," Decisions in Economics and Finance, Springer;Associazione per la Matematica, vol. 40(1), pages 335-349, November.
    29. Chang, Chih & Liang, Meng-Yu, 1998. "A characterization of the lexicographic Kalai-Smorodinsky solution for n=3," Mathematical Social Sciences, Elsevier, vol. 35(3), pages 307-319, May.
    30. Horowitz, John K. & Just, Richard E., 1995. "Political coalition breaking and sustainability of policy reform," Journal of Development Economics, Elsevier, vol. 47(2), pages 271-286, August.
    31. Moulin, Hervé, 2017. "One dimensional mechanism design," Theoretical Economics, Econometric Society, vol. 12(2), May.
    32. Marlies Ahlert & Stefan Felder & Bodo Vogt, 2012. "Which patients do I treat? An experimental study with economists and physicians," Health Economics Review, Springer, vol. 2(1), pages 1-11, December.
    33. Ok, Efe A., 1998. "Inequality averse collective choice," Journal of Mathematical Economics, Elsevier, vol. 30(3), pages 301-321, October.
    34. Corchon, Luis C. & Iturbe-Ormaetxe, Inigo, 2001. "A Proposal to Unify Some Concepts in the Theory of Fairness," Journal of Economic Theory, Elsevier, vol. 101(2), pages 540-571, December.
    35. Hannu Vartiainen, 2007. "Nash implementation and the bargaining problem," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 29(2), pages 333-351, September.
    36. Kultti, Klaus & Vartiainen, Hannu, 2007. "Von Neumann-Morgenstern stable sets, discounting, and Nash bargaining," Journal of Economic Theory, Elsevier, vol. 137(1), pages 721-728, November.
    37. Carmen Herrero, 1996. "Capabilities and utilities," Review of Economic Design, Springer;Society for Economic Design, vol. 2(1), pages 69-88, December.
    38. Kıbrıs, Özgür & Tapkı, İpek Gürsel, 2011. "Bargaining with nonanonymous disagreement: Decomposable rules," Mathematical Social Sciences, Elsevier, vol. 62(3), pages 151-161.
    39. Marco Mariotii, 1996. "Fair bargains: distributive justice and Nash Bargaining Theory," Game Theory and Information 9611003, EconWPA, revised 06 Dec 1996.
    40. Rhee, Sangkyu, 2005. "Sharing-group allocation problems," Economics Letters, Elsevier, vol. 86(1), pages 51-56, January.

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NEP is an announcement service for new working papers, with a weekly report in each of many fields. This author has had 5 papers announced in NEP. These are the fields, ordered by number of announcements, along with their dates. If the author is listed in the directory of specialists for this field, a link is also provided.
  1. NEP-CMP: Computational Economics (3) 2007-01-02 2007-10-20 2013-06-04
  2. NEP-EVO: Evolutionary Economics (2) 2007-01-02 2007-10-20
  3. NEP-CBE: Cognitive & Behavioural Economics (1) 2007-01-02
  4. NEP-KNM: Knowledge Management & Knowledge Economy (1) 2007-01-02
  5. NEP-RMG: Risk Management (1) 2013-06-04

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