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It is possible to partially order cities according to the informativeness of neighborhoods about their ethnic groups. It is also possible to partially order cities with two ethnic groups according to the Lorenz criterion. We show that a segregation order satisfies four well-established...
Persistent link: https://www.econbiz.de/10010949842
Persistent link: https://www.econbiz.de/10005369348
We characterize the Nash bargaining solution replacing the axiom of Independence of Irrelevant Alternatives with three independent axioms: Independence of Non-Individually Rational Alternatives, Twisting, and Disagreement Point Convexity. We give a non-cooperative bargaining interpretation to...
Persistent link: https://www.econbiz.de/10005752873
The aim of this paper is to examine the non-cooperative basis of the core. We provide mechanisms that are motivated closely by the very description of the core, and have the property that their non-cooperative equilibrium outcomes coincide with the core. For general economic environments we...
Persistent link: https://www.econbiz.de/10005369401