Hougaard, Jens Leth; Tvede, Mich - Økonomisk Institut, Københavns Universitet - 1998
This paper provides an axiomatic characterization of a family of so-called efficient maxmin solutions which can be seen as generalizations of the Kalai-Smorodinsky solution to nonconvex n-person bargaining problems. Moreover, it is shown that even though there are several efficient maxmin...