Article ID Journal Published Year Pages File Type
5072279 Games and Economic Behavior 2013 10 Pages PDF
Abstract
► We revisit Nashʼs n-person bargaining problem. ► A family of axioms are proposed to portray the bargaining process. ► We provide novel axiomatizations of the Nash, Proportional and Discrete Raiffa solutions based on the “robustness of intermediate agreements” criteria. ► In other words, we provide a unified framework for comparing these solutionsʼ bargaining theories.
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Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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