Nonconvex Bargaining Problems

at the Andrew Young School of Policy Studies

"Nonconvex Bargaining Problems" (pdf)

by Yongsheng Xu and Naoki Yoshihara
March 2004

Keywords: nonconvex bargaining problems, Nash solution, egalitarian solution, K-S solution, contraction independence, symmetry

This paper studies compact and comprehensive bargaining problems for n players and axiomatically characterize the extensions of the three classical bargaining solutions to nonconvex bargaining problems: the Nash solution, the egalitarian solution and the Kalai-Smorodinsky solution. Our characterizing axioms are various extensions of Nash's original axioms.

Comments and questions regarding this paper may be directed to Yongsheng Xu at yxu3@gsu.edu.