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Cooperative bargaining: Independence and monotonicity imply disagreement

โœ Scribed by Shiran Rachmilevitch


Book ID
119232297
Publisher
Elsevier Science
Year
2013
Tongue
English
Weight
196 KB
Volume
118
Category
Article
ISSN
0165-1765

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This paper provides an axiomatization of the egalitarian bargaining solution. The central axiom used (together with some standard properties of bargaining solutions) in this characterization is a transfer responsiveness condition. First, it ensures that no transfer paradox can occur if bargaining po