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point of view: we ask for stability of the solution if both players are able distort the underlying bargaining process by … Nash nor the Kalai-Smorodinsky solution are able to ensure stability in case reference to a third party is possible, we …
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For each assignment market, an associated bargaining problem is defined and some bargaining solutions to this problem are analyzed. For a particular choice of the disagreement point, the Nash solution and the Kalai-Smorodinsky solution coincide and give the midpoint between the buyers-optimal...
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We set up a rich bilateral bargaining model with four salient points (disagreement point, ideal point, reference point, and tempered aspirations point), where the disagreement point and the utility possibilities frontier are endogenously determined. This model allows us to compare two bargaining...
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We investigate the implications of the separability principle in the context of bargaining. For two bargaining problems with the same population, suppose that there is a subgroup of agents who receive the same payoffs in both bargaining problems. Moreover, if we imagine the departure of this...
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