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Robustness of Intermediate Agreements for the Discrete Raiffa Solution

Author

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  • Walter Trockel

    (IMW,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 a solution.

Suggested Citation

  • Walter Trockel, 2012. "Robustness of Intermediate Agreements for the Discrete Raiffa Solution," Working Papers 201202, Murat Sertel Center for Advanced Economic Studies, Istanbul Bilgi University.
  • Handle: RePEc:msc:wpaper:201202
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    File URL: http://repeck.bilgi.edu.tr/RePEc/msc/wpaper/mscenter_2012_02_Trockel_-_Robustness_of_Intermediate_Aggrements.pdf
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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, vol. 32(12), pages 3960-3977, December.
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    8. Semih Tumen, 2016. "Informal versus formal search: Which yields better pay?," International Journal of Economic Theory, The International Society for Economic Theory, vol. 12(3), pages 257-277, September.
    9. 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.
    10. Mauro Sylos Labini, 2004. "Social Networks and Wages: It's All About Connections!," LEM Papers Series 2004/10, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    11. Michele Pellizzari, 2010. "Do Friends and Relatives Really Help in Getting a Good Job?," ILR Review, Cornell University, ILR School, vol. 63(3), pages 494-510, April.
    12. Anbarci, Nejat & Sun, Ching-jen, 2013. "Robustness of intermediate agreements and bargaining solutions," Games and Economic Behavior, Elsevier, vol. 77(1), pages 367-376.
    13. Francois Fontaine, 2003. "Do workers really benefit from their social networks?," Macroeconomics 0311002, University Library of Munich, Germany, revised 26 Aug 2004.
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    Cited by:

    1. Ismail Saglam, 2014. "A Simple Axiomatization Of The Egalitarian Solution," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 16(04), pages 1-7.
    2. 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.
    3. Walter Trockel, 2015. "Axiomatization of the discrete Raiffa solution," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 3(1), pages 9-17, April.
    4. Saglam, Ismail, 2016. "An Alternative Characterization for Iterated Kalai-Smorodinsky-Nash Compromise," MPRA Paper 73564, University Library of Munich, Germany.
    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.

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    More about this item

    Keywords

    preferred job attributes; hierarchy of needs; basic personal values; European Social Survey;
    All these keywords.

    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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