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Lexicographic egalitarian solution and uncertainty in the disagreement point

✍ Scribed by Y. Chun


Publisher
Springer
Year
1989
Tongue
English
Weight
375 KB
Volume
33
Category
Article
ISSN
0340-9422

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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