A note on the equal-loss principle for bargaining problems
- Carmen Herrero Blanco
- María del Carmen Marco Gil
Année de publication: 1992
Número: 2
Pages: 1-24
Type: Working Paper
Résumé
Some shortcomings of the equal-loss solution for bargaining problems are noticed: in general, it is not individually rational, and in case it is, then turns out a selection of the YU solutions. Finally, a new way of proving characterization results is provided.