Bargaining, conditional consistency, and weighted lexicographic Kalai-Smorodinsky Solutions
| Autor: | Bram Driesen |
|---|---|
| Rok vydání: | 2015 |
| Předmět: |
Economics and Econometrics
Class (set theory) Property (philosophy) 05 social sciences Characterization (mathematics) Lexicographical order Domain (mathematical analysis) Consistency (statistics) 0502 economics and business Ideal (order theory) 050207 economics Mathematical economics Social Sciences (miscellaneous) Axiom 050205 econometrics Mathematics |
| Zdroj: | Social Choice and Welfare. 46:777-809 |
| ISSN: | 1432-217X 0176-1714 |
| DOI: | 10.1007/s00355-015-0936-x |
| Popis: | We reconsider the class of weighted Kalai-Smorodinsky solutions of Dubra (Econ Lett 73:131–136, 2001), and using methods of Imai (Econometrica 51:389–401, 1983), extend their characterization to the domain of multilateral bargaining problems. Aside from standard axioms in the literature, this result involves a new property that weakens the axiom Bilateral Consistency (Lensberg, J Econ Theory 45:330–341, 1988), by making the notion of consistency dependent on how ideal values in a reduced problem change relative to the original problem. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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