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A generalization of the Egalitarian and the Kalai–Smorodinsky bargaining solutions

Article
Author/s: 
Dominik Karos, Nozomu Muto, Shiran Rachmilevitch
International Journal of Game Theory
Publisher: 
Springer
Year: 
2018
Journal article [1]
We characterize the class of weakly efficient n-person bargaining solutions that solely depend on the ratios of the players’ ideal payoffs. In the case of at least three players the ratio between the solution payoffs of any two players is a power of the ratio between their ideal payoffs. As special cases this class contains the Egalitarian and the Kalai–Smorodinsky bargaining solutions, which can be pinned down by imposing additional axioms.
Tags: 
Bargaining Theory [2]

Source URL:http://coalitiontheory.net/content/generalization-egalitarian-and-kalai%E2%80%93smorodinsky-bargaining-solutions

Links
[1] https://link.springer.com/article/10.1007/s00182-018-0611-4 [2] http://coalitiontheory.net/research-areas/bargaining-theory