n-person nonconvex bargaining: efficient proportional solutions

Jens Leth Hougaard, Mich Tvede

Abstract

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.
OriginalsprogEngelsk
UdgiverDepartment of Economics, University of Copenhagen
Antal sider9
StatusUdgivet - 2010

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