Monotonicity of bargaining solutions with respect to the disagreement point (Q1088922): Difference between revisions
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Revision as of 20:13, 19 March 2024
scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Monotonicity of bargaining solutions with respect to the disagreement point |
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Monotonicity of bargaining solutions with respect to the disagreement point (English)
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1987
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We investigate whether the best known solutions to the bargaining problem respond appropriately to certain changes in the disagreement point d, for a fixed feasible set. If \(d_ i\) increases, while for each \(j\neq i\), \(d_ j\) remains constant, then these solutions recommend an increase in agent i's payoff, in agreement with intuition. However, the stronger requirement that agent i be the only one to gain is not generally met.
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bargaining problem
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disagreement point
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