We consider two-player integer allocation problems and provide axiomatic characterizations of adaptations of the Nash (1950) and Kalai-Smorodinsky (1975) solutions for such problems. We also relate the theory developed for integer allocation problems, to the problem of fair allocation of...

In this paper we show that for concave linearly homogeneous exchange economies every competitive equilibrium satisfies the property that the competitive allocation is a non-symmetric Nash bargaining solution with weights being the initial income of individual agents evaluated at the equilibrium...

The purpose of this paper is to investigate the asymptotic behavior of oligopoly equilibrium in the framework of multilateral exchange when the economy is replicated a finite number of times and show that the sequence of associated price-allocation pair converges to the competitive equilibrium...

We construct a two-country model where pollution from production is transmitted across borders. Pollution abatement is undertaken sequentially by private producers and the public sector. We characterize the Nash optimal levels of the policy instruments in the two countries: emission taxes and...