Gradual negotiations and proportional solutions

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Gradual negotiations and proportional solutions

I characterize the proportional N -person bargaining solutions by individual rationality, translation invariance, feasible set continuity, and a new axiom— interim improvement. The latter says that if the disagreement point d is known, but the feasible set is not—it may be either S or T , where S ⊂ T—then there exists a point d′ ∈ S, d′ > d, such that replacing d with d′ as the disagreement poi...

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ژورنال

عنوان ژورنال: Operations Research Letters

سال: 2012

ISSN: 0167-6377

DOI: 10.1016/j.orl.2012.07.001