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N-Person Nonconvex Bargaining: Efficient Proportional SolutionsJens Leth HougaardUniversity of Copenhagen - Department of Economics Mich TvedeUniversity of Copenhagen - Department of Economics September 21, 2010 University of Copenhagen Department of Economics Discussion Paper No. 10-21 Abstract: For n-person bargaining problems the family of proportional solutions (introduced and characterized by Kalai) is generalized to bargaining problems with non-convex payoff sets. The so-called “efficient proportional solutions”are characterized axiomatically using natural extensions of the original axioms provided by Kalai.
Number of Pages in PDF File: 10 Keywords: n-person, non-convex bargaining, proportional solutions, egalitarian solution JEL Classification: C78 working papers seriesDate posted: September 23, 2010Suggested CitationContact Information
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