A note on the equal-loss principle for bargaining problems

• Autores: Carmen Herrero Blanco, María del Carmen Marco Gil
• Localización: Working papers = Documentos de trabajo: Serie AD, Nº. 2, 1992, págs. 1-24
• Idioma: inglés
• Enlaces
  • Texto completo (pdf)
• Resumen

  • 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.