A characterization of the Kalai-Smorodinsky bargaining solution by disagreement point monotonicity

Research output: Contribution to journalArticlepeer-review

Abstract

We provide a new axiomatization of the Kalai-Smorodinsky bargaining solution, which replaces the axiom of individual monotonicity by disagreement point monotonicity and a restricted version of Nash's IIA.

Original languageAmerican English
Pages (from-to)691-696
Number of pages6
JournalInternational Journal of Game Theory
Volume40
Issue number4
DOIs
StatePublished - Nov 2011
Externally publishedYes

Keywords

  • Bargaining
  • Disagreement point monotonicity
  • Kalai-Smorodinsky solution

All Science Journal Classification (ASJC) codes

  • Statistics and Probability
  • Mathematics (miscellaneous)
  • Social Sciences (miscellaneous)
  • Economics and Econometrics
  • Statistics, Probability and Uncertainty

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