Nonconvex n-person bargaining: efficient maxmin solutions

Jens Hougaard () and Mich Tvede

Economic Theory, 2003, vol. 21, issue 1, 95 pages

Abstract: This paper provides an axiomatic characterization of a family of so-called efficient maxmin solutions which can be seen as generalizations of the Kalai-Smorodinsky solution to nonconvex n-person bargaining problems. Moreover, it is shown that even though there are several efficient maxmin solutions for some bargaining problems, there is typically a unique efficient maxmin solution. Copyright Springer-Verlag Berlin Heidelberg 2003

Keywords: Keywords and Phrases: Nonconvex n-person bargaining; Kalai-Smorodinsky solution; Efficient maxmin solutions.; JEL Classification Numbers: C78. (search for similar items in EconPapers)
Date: 2003
References: Add references at CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
http://hdl.handle.net/10.1007/s00199-001-0246-7 (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Nonconvex n-Person Bargaining: Efficient Maxmin Solutions (1998)
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: https://EconPapers.repec.org/RePEc:spr:joecth:v:21:y:2003:i:1:p:81-95

Ordering information: This journal article can be ordered from
http://www.springer. ... eory/journal/199/PS2

DOI: 10.1007/s00199-001-0246-7

Access Statistics for this article

Economic Theory is currently edited by Nichoals Yanneils

More articles in Economic Theory from Springer, Society for the Advancement of Economic Theory (SAET) Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().