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Dynamics and axiomatics of the equal area bargaining solution

Emilio Calvo () and Hans Peters

International Journal of Game Theory, 2000, vol. 29, issue 1, 92 pages

Abstract: We present an alternative formulation of the two-person equal area bargaining solution based on a dynamical process describing the disagreement point set. This alternative formulation provides an interpretation of the idea of equal concessions. Furthermore, it leads to an axiomatic characterization of the solution.

Keywords: Bargaining; dynamics; equal area solution (search for similar items in EconPapers)
Date: 2000-02-15
Note: Received: November 1998/Revised version: September 1999
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