A solution for two-person bargaining problems

DOI10.1007/BF00437314MaRDI QIDQ1073722zbMATH OpenFDO

Authors Hannu Salonen

Publication date 1985

Published in Social Choice and Welfare (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/BF00437314

zbMATH Keywords

continuity analysisHausdorff metricrisk rationalityRisk sensitivitytwo-person bargaining game

Mathematics Subject Classification ID

2-person games (91A05) Cooperative games (91A12)

Review text

Let S be a two-person bargaining game. Let \(q^ 1(S)\) be the best possible natural outcome for player 1, \(q^ 2(S)\) for player 2, \(E(S):=q^ 1(S)+q^ 2(S)\). The solution G(S) i.e. the intersection of the Pareto boundary with the line through the disagreement point and E(S), is characterized by means of a monotonicity property w.r.t. inclusion under fixed E(S). The Nash, Kalai, Smorodinsky, Perles- Maschler, and G-solution are examined concerning continuity w.r.t. the Hausdorff metric. Risk sensitivity, domination of E(S), and the author's risk rationality are also studied.

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Cites work

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• Axiomatic models of bargaining
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• scientific article; zbMATH DE number 3756277 (Why is no real title available?)
• Other Solutions to Nash's Bargaining Problem
• The bargaining problem
• The super-additive solution for the Nash bargaining game

Cited in

(31)

• Characterization of all individually monotonic bargaining solutions
• The Pareto set of the partition bargaining problem
• Bargaining with a ruler
• Extension of the Perles-Maschler solution to \(N\)-person bargaining games
• An approach to simple bargaining games and related problems
• The averaging mechanism.
• Rationality of bargaining solutions
• The Choquet bargaining solutions
• Characterization of the lexicographic egalitarian solution in the two-person bargaining problem
• Rational choice and two-person bargaining solutions
• Mechanisms supporting the Kalai--Smorodinsky solution.
• Bargaining with set-valued disagreement
• A solution to the two-person implementation problem
• Continuity properties of bargaining solutions
• Nash implementation and the bargaining problem
• Solution concept for a two person bargaining problem with unknown parameters
• On the Status Quo Sets Induced by the Raiffa Solution to the Two-Person Bargaining Problem
• The bargaining problem
• scientific article; zbMATH DE number 4191438 (Why is no real title available?)
• scientific article; zbMATH DE number 4079200 (Why is no real title available?)
• scientific article; zbMATH DE number 140520 (Why is no real title available?)
• Two-Person Bargaining Problems and Comparable Utility
• scientific article; zbMATH DE number 1329118 (Why is no real title available?)
• scientific article; zbMATH DE number 1474746 (Why is no real title available?)
• On a new solution concept for bargaining problems
• The price of fairness with the extended Perles-Maschler solution
• scientific article; zbMATH DE number 3422134 (Why is no real title available?)
• Solving Bargaining Games by Differential Equations
• Partially monotonic bargaining solutions
• A superadditive solution for cephoidal bargaining problems
• Bargaining solutions and relative guarantees

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