The Kalai-Smorodinsky Solution: A Generalization to Nonconvex n-Person Bargaining

Jens Hougaard () and Mich Tvede

No 98-21, Discussion Papers from University of Copenhagen. Department of Economics

Abstract: In the present paper a generalization of the Kalai-Smorodinsky solution to nonconvex n-person bargaining problems is provided. The generalization is obtained by a slight weakening of the axioms used in Kalai-Smorodinsky (1975) and Roth (1980).

Keywords: nonconvex n-person bargaining; Kalai-Smorodinsky solution (search for similar items in EconPapers)
JEL-codes: C78 (search for similar items in EconPapers)
Pages: 5 pages
Date: 1998-12
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Persistent link: https://EconPapers.repec.org/RePEc:kud:kuiedp:9821

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