Stagnation proofness in n-agent bargaining problems
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https://doi.org/10.1007/s11403-017-0212-5 |
Metadatos
Título
Stagnation proofness in n-agent bargaining problemsFecha de publicación
2017-12Editor
Springer-VerlagCita bibliográfica
García-Segarra, J. & Ginés-Vilar, M. J Econ Interact Coord (2017). https://doi.org/10.1007/s11403-017-0212-5Tipo de documento
info:eu-repo/semantics/articleVersión de la editorial
https://link.springer.com/article/10.1007/s11403-017-0212-5Versión
info:eu-repo/semantics/publishedVersionPalabras clave / Materias
Resumen
Some bargaining solutions may remain unchanged under any extension of a bargaining set which does not affect the utopia point, despite the fact that there is room to improve the utility of at least one agent. We call ... [+]
Some bargaining solutions may remain unchanged under any extension of a bargaining set which does not affect the utopia point, despite the fact that there is room to improve the utility of at least one agent. We call this phenomenon the stagnation effect. A bargaining solution satisfies stagnation proofness if it does not suffer from the stagnation effect. We show that stagnation proofness is compatible with the restricted version of strong monotonicity (Thomson and Myerson in Int J Game Theory 9(1):37–49, 1980), weak Pareto optimality, and scale invariance. The four axioms together characterize the family of the bargaining solutions generated by strictly-increasing paths ending at the utopia point (SIPUP-solutions). [-]
Proyecto de investigación
Ministerio de Educación (ECO2015-68469-R) ; Fundación Bancaja (PREDOC/2007/28) ; E-2011-27 Pla de Promoció de la Investigació de la UJI, P1-1B/2015/48Derechos de acceso
© 2017 Springer International Publishing AG. Part of Springer Nature.
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