n-Person Nonconvex Bargaining: Efficient Proportional Solution
For n-person bargaining problems the family of proportional solutions (introduced and characterized by Kalai) is generalized to bargaining problems with non-convex payoff sets. The so-called "efficient proportional solutions" are characterized axiomatically using natural extensions of the original axioms provided by Kalai.
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- Jens Leth Hougaard & Mich Tvede, 1998.
"Nonconvex n-Person Bargaining: Efficient Maxmin Solutions,"
98-20, University of Copenhagen. Department of Economics.
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"Benchmark Selection: An Axiomatic Approach,"
01-06, University of Copenhagen. Department of Economics.
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"Proportional Solutions to Bargaining Situations: Interpersonal Utility Comparisons,"
Econometric Society, vol. 45(7), pages 1623-30, October.
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RCER Working Papers
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- 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.
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