Showing 1 - 10 of 588
We consider a cooperative model of bargaining where the location of thedisagreement point may be uncertain. Based on the maximin criterion, we formulate anex ante effciency condition and characterize the class of bargaining solutions satisfyingthis axiom...
Persistent link: https://www.econbiz.de/10005869218
Bargaining under uncertainty is modeled by the assumption that thereare several possible states of nature, each of which is identied with abargaining problem...
Persistent link: https://www.econbiz.de/10005869345
This paper provides an analysis of individual and social decision criteria foralternatives that are composed of several attributes. We derive additive and multiplicativecriteria for individual decision-making with new axioms and apply these criteria toobtain new justications of known social...
Persistent link: https://www.econbiz.de/10005869346
Persistent link: https://www.econbiz.de/10012537516
Persistent link: https://www.econbiz.de/10005607548
Persistent link: https://www.econbiz.de/10005607565
A contingent contract in a transferable utility game under uncertainty specifies an outcome for each possible state. It is assumed that coalitions evaluate these contracts by considering the minimal possible excesses. A main question of the paper concerns the existence and characterization of...
Persistent link: https://www.econbiz.de/10005304910
Persistent link: https://www.econbiz.de/10001548589
Persistent link: https://www.econbiz.de/10001614499
Persistent link: https://www.econbiz.de/10001590392