Axiomatic bargaining theory: New wine from old bottles
Year: 2024
Type: article
Abstract: Five classical and uncontroversial axioms—symmetry, weak Pareto optimality, restricted monotonicity, midpoint domination, and superadditivity—characterize a bargaining solution. It assigns to each player their midpoint, that is, the n -th share of their utopia point, and equally divides what remains.
Source: Games and Economic Behavior
Authors: Dominik Karos, Shiran Rachmilevitch
Institutions: Bielefeld University, University of Haifa
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: hybrid
Estimated APC paid: $2,540
OpenAlex ID: W4404732967