Affiliation:
1. Department of Economics, University of Paderborn, Warburger Str. 100, 33098 Paderborn, Germany
Abstract
We discuss a model, in which two agents may distribute finitely many objects among themselves. The conflict is resolved by means of a market procedure. Depending on the specifications, this procedure serves to achieve bargaining solutions such as the discrete Raiffa solution, the Kalai-Smorodinsky solution and the Perles-Maschler solution. The latter is axiomatized using the superadditivity axiom, which in the present context is readily interpreted as resolving a specific source of conflict potential.
Publisher
World Scientific Pub Co Pte Lt
Subject
Statistics, Probability and Uncertainty,Business and International Management,General Computer Science
Cited by
3 articles.
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