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THE BEHAVIOUR OF SOLUTIONS TO BARGAINING PROBLEMS ON THE BASIS OF SOLIDARITY*

Yongsheng Xu and Naoki Yoshihara ()

The Japanese Economic Review, 2008, vol. 59, issue 1, 133-138

Abstract: The main purpose of this paper is to provide a systematic study of the solidarity‐type axioms for classical convex bargaining problems. As a consequence, we present alternative characterizations for some well‐known solutions in the literature. Instead of using the Monotonicity axiom, the paper provides characterizations of the egalitarian solution and the Kalai–Somorodinsky solution using slightly weaker versions of Nash's original IIA for convex bargaining problems with a fixed population.

Date: 2008
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Citations: View citations in EconPapers (9)

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https://doi.org/10.1111/j.1468-5876.2007.00426.x

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Working Paper: The behavior of solutions to bargaining problems on the basis of solidarity (2006) Downloads
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