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This paper reports an experimental study on three well-known solutions for problems of adjudicating conflicting claims: the constrained equal-awards, the proportional, and the constrained equal-losses rules. We first let subjects play three games designed such that the unique equilibrium...
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This paper provides an extension of the Nash solution to NTU bargaining and rationing problems, allowing for non-convex, non-smooth utility possibility sets. We do so by interpreting the Nash solution as the maximiser of a weighted utilitarian social welfare function, in which the weights are...
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