Lombardi, M. and Yoshihara, N. (2010) Alternative characterizations of the proportional solution for nonconvex bargaining problems with claims. Economics Letters, 108(2), pp. 229-232. (doi: 10.1016/j.econlet.2010.03.004)
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Abstract
Three alternative characterizations of the proportional solution defined on compact and comprehensive bargaining problems with claims are provided. Two new contraction-type and expansion-type axioms are used. Moreover, the single-valuedness axiom is dispensable if the classical symmetry axiom is imposed.
Item Type: | Articles |
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Status: | Published |
Refereed: | Yes |
Glasgow Author(s) Enlighten ID: | Lombardi, Dr Michele |
Authors: | Lombardi, M., and Yoshihara, N. |
College/School: | College of Social Sciences > Adam Smith Business School > Economics |
Journal Name: | Economics Letters |
ISSN: | 0165-1765 |
Published Online: | 02 April 2010 |
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