Dynamics and axiomatics of the equal area bargaining solution

We present an alternative formulation of the two-person equal area bargaining solution based on a dynamical process describing the disagreement point set. This alternative formulation provides an interpretation of the idea of equal concessions. Furthermore, it leads to an axiomatic characterization of the solution.

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Year of publication:	2000-02-15
Authors:	Calvo, Emilio ; Peters, Hans
Published in:	International Journal of Game Theory. - Springer. - Vol. 29.2000, 1, p. 81-92
Publisher:	Springer
Subject:	Bargaining \| dynamics \| equal area solution

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Extent:	application/pdf
Type of publication:	Article
Notes:	Received: November 1998/Revised version: September 1999
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005598500