Collective choice with endogenous reference outcome
نویسندگان
چکیده
منابع مشابه
Collective choice with endogenous reference outcome
A collective choice problem essentially a bargaining problem without disagreement outcome is studied. An exteneded solution, which determines simultaneously a solution and a reference point, is characterized through a system of axioms. It is proved that the unique extended solution meeting Pareto-optimality, independence of irrelevant alternatives, symmetry, and scale invariance axioms maximize...
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ژورنال
عنوان ژورنال: Games and Economic Behavior
سال: 2007
ISSN: 0899-8256
DOI: 10.1016/j.geb.2005.12.005