We analyze a simple arbitration procedure which is a multi-stage variant of Nash's demand game. In the absence of discounting, all Nash equilibria of the game yield the egalitarian solution in the first stage. The crucial feature of our arbitration procedure is that, in the case of incompatible dema
An axiomatization of the egalitarian solutions
โ Scribed by Dov Samet
- Publisher
- Elsevier Science
- Year
- 1985
- Tongue
- English
- Weight
- 493 KB
- Volume
- 9
- Category
- Article
- ISSN
- 0165-4896
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