A characterization of the leximin solution of the bargaining problem

We show that the lexicographic maximin solution is the only solution that satisfies the axioms of Pareto optimality, comprehensive hull axiom and duplicated individual monotonicity. Copyright Springer-Verlag Berlin Heidelberg 1999

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Year of publication:	1999
Authors:	Chang, Chih ; Hwang, Yan-An
Published in:	Mathematical Methods of Operations Research. - Springer. - Vol. 49.1999, 3, p. 395-400
Publisher:	Springer
Subject:	Lexicographic maximin solution \| bargaining problem

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010950049