| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 1142456 | Operations Research Letters | 2014 | 4 Pages |
Abstract
Roth (1977) axiomatized the Nash (1950) bargaining solution without Pareto optimality, replacing it by strong individual rationality in Nash’s axiom list. In a subsequent work (Roth, 1979) he showed that when strong individual rationality is replaced by weak individual rationality, the only solutions that become admissible are the Nash and the disagreement solutions. In this paper I derive analogous results for the Kalai–Smorodinsky (1975) bargaining solution.
Keywords
Related Topics
Physical Sciences and Engineering
Mathematics
Discrete Mathematics and Combinatorics
Authors
Shiran Rachmilevitch,