Driesen, B. (2016) Truncated leximin solutions. Mathematical Social Sciences, 83, pp. 79-87. (doi: 10.1016/j.mathsocsci.2016.07.003)
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Abstract
This paper shows that three classic properties for bargaining solutions in an environment with a variable number of agents–Anonymity (AN), Individual Monotonicity (IM), and Consistency (CONS)–characterize a one-parameter family of Truncated Leximin solutions . Given a non-negative and possibly infinite α, an α-Truncated Leximin solution gives each agent the minimum of α and their Leximin solution payoff.
Item Type: | Articles |
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Status: | Published |
Refereed: | Yes |
Glasgow Author(s) Enlighten ID: | Driesen, Dr Bram |
Authors: | Driesen, B. |
College/School: | College of Social Sciences > Adam Smith Business School > Economics |
Journal Name: | Mathematical Social Sciences |
Publisher: | Elsevier |
ISSN: | 0165-4896 |
ISSN (Online): | 0165-4896 |
Published Online: | 02 August 2016 |
Copyright Holders: | Copyright © 2016 The Author |
First Published: | First published in Mathematical Social Sciences 83_79-87 |
Publisher Policy: | Reproduced under a Creative Commons License |
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