A note on the equal-loss principle for bargaining problems

  1. Carmen Herrero Blanco
  2. María del Carmen Marco Gil
Revista:
Working papers = Documentos de trabajo: Serie AD

Ano de publicación: 1992

Número: 2

Páxinas: 1-24

Tipo: Documento de traballo

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Resumo

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.

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