Resource Monotonicity of Bargaining Solutions

Somdeb Lahiri

IIMA Working Papers from Indian Institute of Management Ahmedabad, Research and Publication Department

Abstract: In this paper we establish that main solutions to bargaining problems display a resource monoticity property in bilateral monopoly situations when preferences exhibit consumption externalities. Suitable assumptions are invoked to establish the results.

Date: 1992-01-01
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Persistent link: https://EconPapers.repec.org/RePEc:iim:iimawp:wp01076

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