Individual disagreement point concavity and the bargaining problem

Walter Bossert and Hans Peters

International Journal of Economic Theory, 2022, vol. 18, issue 1, 6-15

Abstract: In this study, we provide a characterization of the class of proportional bargaining solutions introduced by Kalai. Our result differs from earlier axiomatizations in that we use a property that we label individual disagreement point concavity. This property is a weakening of disagreement point concavity used by Chun and Thomson. An application illustrates the potential usefulness of our new property in a strategic setting.

Date: 2022
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