Risk aversion for losses and the Nash bargaining solution
نویسندگان
چکیده
Abstract We call a decision maker risk averse for losses if that is with respect to lotteries having alternatives below given reference alternative in their support. A two-person bargaining solution called invariant under aversion the assigned outcome does not change after correcting this as pair of levels, provided disagreement point only changes proportionally. present an axiomatic characterization Nash based on condition, and we also provide decision-theoretic concept losses.
منابع مشابه
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ژورنال
عنوان ژورنال: Theory and Decision
سال: 2021
ISSN: ['1573-7187', '0040-5833']
DOI: https://doi.org/10.1007/s11238-021-09837-w