The Maschler-Perles solution: 2 simple proofs for superadditivity
Joachim Rosenmüller
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Joachim Rosenmüller: Center for Mathematical Economics, Bielefeld University
No 356, Center for Mathematical Economics Working Papers from Center for Mathematical Economics, Bielefeld University
Abstract:
The Maschler-Perles solution is the unique bargaining solution which is superadditive and satisfies the usual covariance properties. We provide two proofs for superadditivity that do not rely on the standard traveling time.
Keywords: Superadditive solution; Bargaining theory (search for similar items in EconPapers)
Date: 2011-08-12
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https://pub.uni-bielefeld.de/download/2315359/2319779 First Version, 2003 (application/pdf)
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Persistent link: https://EconPapers.repec.org/RePEc:bie:wpaper:356
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