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Monotonicity of bargaining solutions with respect to the disagreement point

✍ Scribed by William Thomson


Book ID
113181001
Publisher
Elsevier Science
Year
1987
Tongue
English
Weight
462 KB
Volume
42
Category
Article
ISSN
0022-0531

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Disagreement point monotonicity, transfe
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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