Individual disagreement point concavity and the bargaining problem

Walter Bossert, Hans Peters

Research output: Contribution to journalArticleAcademicpeer-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 languageEnglish
Number of pages10
JournalInternational Journal of Economic Theory
DOIs
Publication statusE-pub ahead of print - 4 May 2021

Keywords

  • Bargaining
  • proportional solutions
  • individual disagreement point concavity
  • MONOTONICITY

Cite this