Alternative characterizations of the proportional solution for nonconvex bargaining problems with claims

We provide three alternative characterizations of the proportional solution defined on compact and comprehensive bargaining problems with claims that are not necessarily convex. One characterization result is obtained by using, together with other standard axioms, two solidarity axioms. Another characterization theorem shows that the single-valuedness axiom is dispensable even within the class of nonconvex problems if the standard symmetry axiom is imposed.

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Year of publication:	2008
Authors:	Lombardi, Michele ; Yoshihara, Naoki
Publisher:	London : Queen Mary University of London, Department of Economics
Subject:	Verhandlungstheorie \| bargaining problems \| claims point \| proportional solution \| nonconvexity \| solidarity axioms

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Series:	Working Paper ; 632
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	574528407 [GVK] hdl:10419/55176 [Handle]
Classification:	C78 - Bargaining Theory; Matching Theory ; D60 - Welfare Economics. General ; D70 - Analysis of Collective Decision-Making. General
Source:	EconStor

Persistent link: https://www.econbiz.de/10010280758