A solution for two-person bargaining pro
✍
H. Salonen
📂
Article
📅
1985
🏛
Springer
🌐
English
⚖ 486 KB
Everyday bargaining problems are often solved by tossing a coin. A solution for two-person bargaining problems is axiomatized, which is a Paretooptimal generalization of this coin tossing method. The super-additive solution of Perles and Maschler is also shown to be a generalization of this method.