We start by considering the Alternate Strike (AS) scheme, a real-life arbitration scheme where two parties select an arbitrator by alternately crossing off at each round one name from a given panel of arbitrators. We find out that the AS scheme is not invariant to “badâ€\x9D...

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...