ECONOMICS SERIES SWP 2009/20 Distributive Justice and Bargaining Solutions

نویسندگان

  • Nejat Anbarci
  • Ching-jen Sun
چکیده

Suppes-Sen Dominance is a commonly accepted criterion of impartiality in distributive justice. Mariotti (1999) characterized the Nash bargaining solution using Nash (1950)’s Scale Invariance (SI) axiom and an axiom named Suppes-Sen Proofness (SSP) that embodies the Suppes-Sen principle. By adding a relative equity component to SSP, we …rst consider a stronger version of of it, the Strong Suppes-Sen Proofness (SSSP) property. It turns out that the Egalitarian solution is the unique solution satisfying SSSP. We then consider two weaker versions of SSP, namely WSSP and WSSP. Yet, it is still possible to characterize the Nash solution by using WSSP and SI only. WSSP is much weaker than Weak Pareto Optimality (WPO) when = 1. It turns out that it is possible to characterize the Nash solution by using Individual Rationality (IR), SI and WSSP for any 2 [0; 1). JEL classi…cation: C78; D74

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تاریخ انتشار 2009