A Simple Axiomatization of the Egalitarian Solution
In this paper, we present a simple axiomatization of the n-person egalitarian solution. The single condition sufficient for characterization is a new axiom, called symmetric decomposability that combines the axioms of step-by-step negotiations, symmetry, and weak Pareto optimality used in an early characterization by Kalai [(1977) Proportional solutions to bargaining situations: Interpersonal utility comparisons, Econometrica 45, 1623–1630].
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- Myerson, Roger B, 1981. "Utilitarianism, Egalitarianism, and the Timing Effect in Social Choice Problems," Econometrica, Econometric Society, vol. 49(4), pages 883-897, June.
- Shiran Rachmilevitch, 2011. "Disagreement point axioms and the egalitarian bargaining solution," International Journal of Game Theory, Springer;Game Theory Society, vol. 40(1), pages 63-85, February.
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- Myerson, Roger B, 1977.
"Two-Person Bargaining Problems and Comparable Utility,"
Econometric Society, vol. 45(7), pages 1631-1637, October.
- Roger B. Myerson, 1976. "Two-Person Bargaining Problems and Comparable Utility," Discussion Papers 247, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Thomson, William, 1984. "Monotonicity, stability and egalitarianism," Mathematical Social Sciences, Elsevier, vol. 8(1), pages 15-28, August.
- Kalai, Ehud, 1977.
"Proportional Solutions to Bargaining Situations: Interpersonal Utility Comparisons,"
Econometric Society, vol. 45(7), pages 1623-1630, October.
- Ehud Kalai, 1977. "Proportional Solutions to Bargaining Situations: Interpersonal Utility Comparisons," Discussion Papers 179, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- John Conley & Simon Wilkie, 2012. "The ordinal egalitarian bargaining solution for finite choice sets," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 38(1), pages 23-42, January.
- Nash, John, 1950. "The Bargaining Problem," Econometrica, Econometric Society, vol. 18(2), pages 155-162, April.
- Thomson, William, 1983. "Problems of fair division and the Egalitarian solution," Journal of Economic Theory, Elsevier, vol. 31(2), pages 211-226, December.
- Conley, John P. & Wilkie, Simon, 1991. "The bargaining problem without convexity : Extending the egalitarian and Kalai-Smorodinsky solutions," Economics Letters, Elsevier, vol. 36(4), pages 365-369, August.
- Chun, Youngsub & Thomson, William, 1990. "Egalitarian solutions and uncertain disagreement points," Economics Letters, Elsevier, vol. 33(1), pages 29-33, May.
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