An Axiomatization of the Nash Bargaining Solution
Brown University Economics Paper No. 2004-17
7 Pages Posted: 18 May 2005
Date Written: November 9, 2004
Abstract
I prove that the Nash bargaining solution is the only solution to satisfy 'Disagreement Point Convexity' and 'Midpoint Domination.' I explain how this improves previous results obtained by Chun (1990) and by Dagan et al. (2002).
Suggested Citation: Suggested Citation
de Clippel, Geoffrey, An Axiomatization of the Nash Bargaining Solution (November 9, 2004). Brown University Economics Paper No. 2004-17, Available at SSRN: https://ssrn.com/abstract=724229 or http://dx.doi.org/10.2139/ssrn.724229
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