Two Impossibility Results on the Converse Consistency Principle in Bargaining

Youngsub Chun ()

Working Paper Series from Institute of Economic Research, Seoul National University

Abstract: We present two impossibility results on the converse consistency principle in the context of bargaining. First, we show that there is no solution satis-fying Pareto optimality, contraction independence, and converse consistency. Next, we show that there is no solution satisfying Pareto optimality, strong individual rationality, individual monotonicity, and converse consistency.

Keywords: bargaining problem; axiomatic approach; impossibilities; converse consistency (search for similar items in EconPapers)
JEL-codes: C71 C78 D70 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-gth, nep-ind and nep-mic
Date: 1999-10
View citations in EconPapers

Downloads: (external link)
http://econ.snu.ac.kr/~ecores/activity/paper/no24.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 400 Bad Request

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:snu:ioerwp:no24

Access Statistics for this paper

More papers in Working Paper Series from Institute of Economic Research, Seoul National University
Contact information at EDIRC.
Series data maintained by Seo seung-Hee ().