Efficiency-free characterizations of the Kalai-Smorodinsky bargaining solution

被引:6
作者
Rachmilevitch, Shiran [1 ]
机构
[1] Univ Haifa, Dept Econ, IL-31905 Haifa, Israel
关键词
Bargaining; Efficiency; Kalai-Smorodinsky solution; NONCONVEX PROBLEMS; INDEPENDENCE; CONVEXITY;
D O I
10.1016/j.orl.2014.04.002
中图分类号
C93 [管理学]; O22 [运筹学];
学科分类号
070105 ; 12 ; 1201 ; 1202 ; 120202 ;
摘要
Roth (1977) axiomatized the Nash (1950) bargaining solution without Pareto optimality, replacing it by strong individual rationality in Nash's axiom list. In a subsequent work (Roth, 1979) he showed that when strong individual rationality is replaced by weak individual rationality, the only solutions that become admissible are the Nash and the disagreement solutions. In this paper I derive analogous results for the Kalai-Smorodinsky (1975) bargaining solution. (C) 2014 Elsevier B.V. All rights reserved.
引用
收藏
页码:246 / 249
页数:4
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