Generalized Maximin Solutions in Multicriteria Bargaining

M. Hinojosa, A. Mármol () and L. Monroy

Annals of Operations Research, 2005, vol. 137, issue 1, 243-255

Abstract: In this paper we address bargaining games where the agents have to take into account different criteria to value the decisions. We propose the class of generalized maximin solutions, as the natural extension for these games of the maximin solutions in conventional bargaining. In order to refine this solution concept, we define a multicriteria lexicographic partial ordering and present the class of generalized leximin solutions as those that are nondominated with respect to this relation. We establish some properties of these solutions and characterize them as solutions of multicriteria problems. Copyright Springer Science + Business Media, Inc. 2005

Keywords: bargaining games; multi-criteria analysis; maximin solutions; leximin solutions (search for similar items in EconPapers)
Date: 2005
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DOI: 10.1007/s10479-005-2259-2

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