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Robustness of Intermediate Agreements for the Discrete Raiffa Solution

  • Walter Trockel

    (IMW,Bielefeld University)

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.

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Paper provided by Murat Sertel Center for Advanced Economic Studies, Istanbul Bilgi University in its series Working Papers with number 201202.

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Length: 9 pages
Date of creation: Dec 2012
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Handle: RePEc:msc:wpaper:201202
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  1. François FONTAINE, 2008. "Do workers really benefit from their social networks ?," Discussion Papers (REL - Recherches Economiques de Louvain) 2008011, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
  2. Nejat Anbarci & Ching-jen Sun, 2009. "Robustness of Intermediate Agreements and Bargaining Solutions," Economics Series 2009_14, Deakin University, Faculty of Business and Law, School of Accounting, Economics and Finance.
  3. Francois Fontaine, 2004. "Why are similar workers paid differently? The role of social networks," 2004 Meeting Papers 493, Society for Economic Dynamics.
  4. Eric Delattre & Mareva Sabatier, 2007. "Social Capital and Wages: An Econometric Evaluation of Social Networking's Effects," LABOUR, CEIS, vol. 21(2), pages 209-236, 06.
  5. Montgomery, James D, 1991. "Social Networks and Labor-Market Outcomes: Toward an Economic Analysis," American Economic Review, American Economic Association, vol. 81(5), pages 1407-18, December.
  6. Michele Pellizzari, 2004. "Do Friends and Relatives Really Help in Getting a Good Job?," CEP Discussion Papers dp0623, Centre for Economic Performance, LSE.
  7. Tumen, Semih, 2015. "Informal versus Formal Search: Which Yields a Better Pay?," IZA Discussion Papers 9573, Institute for the Study of Labor (IZA).
  8. 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.
  9. Addison, John T. & Portugal, Pedro, 1998. "Job Search Methods and Outcomes," ZEW Discussion Papers 98-41, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
  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. Calvo-Armengol, Antoni & Jackson, Matthew O., 2007. "Networks in labor markets: Wage and employment dynamics and inequality," Journal of Economic Theory, Elsevier, vol. 132(1), pages 27-46, January.
  12. Simon, Curtis J & Warner, John T, 1992. "Matchmaker, Matchmaker: The Effect of Old Boy Networks on Job Match Quality, Earnings, and Tenure," Journal of Labor Economics, University of Chicago Press, vol. 10(3), pages 306-30, July.
  13. van Damme, E.E.C. & Peters, H., 1991. "Characterizing the Nash and Raiffa bargaining solutions by disagreement point axioms," Other publications TiSEM 4bd5eb9e-328a-45a0-aa0a-e, Tilburg University, School of Economics and Management.
  14. Salonen, Hannu, 1988. "Decomposable solutions for N -- person bargaining games," European Journal of Political Economy, Elsevier, vol. 4(3), pages 333-347.
  15. Trockel, Walter, 2011. "An axiomatization of the sequential Raiffa solution," Center for Mathematical Economics Working Papers 425, Center for Mathematical Economics, Bielefeld University.
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