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Persistent link: https://www.econbiz.de/10012428270
We explore the relationships between non-bossiness and Nash implementability. We provide a new domain-richness condition, weak monotonic closedness, and prove that on weakly monotonically closed domains, non-bossiness together with individual monotonicity is equivalent to monotonicity, a...
Persistent link: https://www.econbiz.de/10005773327
Axiomatic bargaining theory (e.g., Nash's theorem) is static. We attempt to provide a dynamic justification for the theory. Suppose a Judge or Arbitrator must allocate utility in an (infinite) sequence of two-person problems; at each date, the Judge is presented with a utility possibility set in...
Persistent link: https://www.econbiz.de/10011599447
We frame sustainability problems as bargaining problems among stakeholders who have to agree on a common development path. For infinite alternatives, the set of feasible payoffs is unknown, limiting the possibility to apply classical bargaining theory and mechanisms. We define a framework...
Persistent link: https://www.econbiz.de/10012018162
[This item is a preserved copy. To view the original, visit http://econtheory.org/] Axiomatic bargaining theory (e.g., Nash's theorem) is static. We attempt to provide a dynamic justification for the theory. Suppose a Judge or Arbitrator must allocate utility in an (infinite) sequence of...
Persistent link: https://www.econbiz.de/10009455288
Axiomatic bargaining theory (e.g., Nash's theorem) is static. We attempt to provide a dynamic justification for the theory. Suppose a Judge or Arbitrator must allocate utility in an (infinite) sequence of two-person problems; at each date, the Judge is presented with a utility possibility set in...
Persistent link: https://www.econbiz.de/10011694978
We frame sustainability problems as bargaining problems among stakeholders who have to agree on a common development path. For infinite alternatives, the set of feasible payoffs is unknown, limiting the possibility to apply classical bargaining theory and mechanisms. We define a framework...
Persistent link: https://www.econbiz.de/10011962323
Persistent link: https://www.econbiz.de/10014547333
Axiomatic bargaining theory (e.g., Nash’s theorem) is static. We attempt to provide a dynamic justification for the theory. Suppose a Judge or Arbitrator must allocate utility in a (infinite) sequence of two-person problems; at each date, the Judge is presented with a utility possibility set...
Persistent link: https://www.econbiz.de/10008455834
Axiomatic bargaining theory (e.g., Nash's theorem) is static. We attempt to provide a dynamic justification for the theory. Suppose a Judge or Arbitrator must allocate utility in an (infinite) sequence of two-person problems; at each date, the Judge is presented with a utility possibility set in...
Persistent link: https://www.econbiz.de/10008492685