A note on the equal-loss principle for bargaining problems

Carmen Herrero () and María del Carmen Marco Gil
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María del Carmen Marco Gil: Universidad Politécnica de Cartagena

Working Papers. Serie AD from Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie)

Abstract: Some shortcomings of the equal-loss solution for bargaining problems are noticed: in general, it is not individually rational, and in case it is, then turns out a selection of the YU solutions. Finally, a new way of proving characterization results is provided.

Pages: 24 pages
Date: 1992-05
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Persistent link: https://EconPapers.repec.org/RePEc:ivi:wpasad:1992-02

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