A characterization of the asymmetric Nash solution
نویسنده
چکیده
The non-dictatorial asymmetric Nash bargaining solution is characterized on the basis of independence of irrelevant alternatives, independence of equivalent utility representations, and a new axiom—moderate collective rationality. The latter is logically weaker than Roth’s (1977) strong individual rationality and logically stronger than Anbarci and Sun’s (2011) weakest collective rationality.
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تاریخ انتشار 2013