Individual disagreement point concavity  and the bargaining problem

Walter Bossert; Hans Peters

doi:10.1111/ijet.12304

Individual disagreement point concavity and the bargaining problem

Walter Bossert, Hans Peters^*

^*Corresponding author for this work

Research output: Contribution to journal › Article › Academic › peer-review

Abstract

In this study, we provide a characterization of the class of proportional bargaining solutions introduced by Kalai. Our result differs from earlier axiomatizations in that we use a property that we label individual disagreement point concavity. This property is a weakening of disagreement point concavity used by Chun and Thomson. An application illustrates the potential usefulness of our new property in a strategic setting.

Original language	English
Pages (from-to)	6-15
Number of pages	10
Journal	International Journal of Economic Theory
Volume	18
Issue number	1
Early online date	4 May 2021
DOIs	https://doi.org/10.1111/ijet.12304
Publication status	Published - Mar 2022

Keywords

Bargaining
proportional solutions
individual disagreement point concavity
MONOTONICITY

Access to Document

10.1111/ijet.12304Licence: CC BY

Cite this

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title = "Individual disagreement point concavity and the bargaining problem",

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AB - In this study, we provide a characterization of the class of proportional bargaining solutions introduced by Kalai. Our result differs from earlier axiomatizations in that we use a property that we label individual disagreement point concavity. This property is a weakening of disagreement point concavity used by Chun and Thomson. An application illustrates the potential usefulness of our new property in a strategic setting.

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KW - individual disagreement point concavity

KW - MONOTONICITY

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