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Robustness of intermediate agreements for the Discrete Raiffa solution

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  • Trockel, Walter

    (Center for Mathematical Economics, Bielefeld University)

Abstract

These notes consist of two parts. In the first one I present a counter example to Proposition 3 of Anbarci & Sun (2013). In the second part I propose a correction based on an axiom similar to one used by Salonen (1988) in the first axiomatization of the Discrete Raiffa solution.

Suggested Citation

  • Trockel, Walter, 2014. "Robustness of intermediate agreements for the Discrete Raiffa solution," Center for Mathematical Economics Working Papers 472, Center for Mathematical Economics, Bielefeld University.
  • Handle: RePEc:bie:wpaper:472
    as

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    File URL: https://pub.uni-bielefeld.de/download/2671745/2671746
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    References listed on IDEAS

    as
    1. Fontaine, François, 2008. "Why are similar workers paid differently? the role of social networks," Journal of Economic Dynamics and Control, Elsevier, pages 3960-3977.
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    5. Salonen, Hannu, 1988. "Decomposable solutions for N -- person bargaining games," European Journal of Political Economy, Elsevier, pages 333-347.
    6. Yannis M. Ioannides & Adriaan R. Soetevent, 2006. "Wages and Employment in a Random Social Network with Arbitrary Degree Distribution," Tinbergen Institute Discussion Papers 06-014/1, Tinbergen Institute.
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    10. Hans Peters & Eric Van Damme, 1991. "Characterizing the Nash and Raiffa Bargaining Solutions by Disagreement Point Axioms," Mathematics of Operations Research, INFORMS, vol. 16(3), pages 447-461, August.
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    Cited by:

    1. Saglam, Ismail, 2016. "An Alternative Characterization for Iterated Kalai-Smorodinsky-Nash Compromise," MPRA Paper 73564, University Library of Munich, Germany.
    2. repec:spr:decfin:v:40:y:2017:i:1:d:10.1007_s10203-017-0203-y is not listed on IDEAS
    3. Ismail Saglam, 2017. "Iterated Kalai–Smorodinsky–Nash compromise," Decisions in Economics and Finance, Springer;Associazione per la Matematica, pages 335-349.
    4. repec:spr:etbull:v:3:y:2015:i:1:d:10.1007_s40505-014-0046-4 is not listed on IDEAS

    More about this item

    JEL classification:

    • C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
    • J28 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Safety; Job Satisfaction; Related Public Policy

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