A note on the equal-loss principle for bargaining problems

Some shortcomings of the equal-loss solution for bargaining problems are noticed: in general, it is not individually rational, and in case it is, then turns out a selection of the YU solutions. Finally, a new way of proving characterization results is provided.

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Year of publication:	1992-05
Authors:	Blanco, Carmen Herrero ; Gil, María del Carmen Marco
Institutions:	Instituto Valenciano de Investigaciones Económicas (IVIE)

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Extent:	application/pdf
Series:	Working Papers. Serie AD.
Type of publication:	Book / Working Paper
Notes:	Published by Ivie 24 pages
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008550444