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Axiomatic Theory of Bargaining with a Variable Number of Agents

Axiomatic Theory of Bargaining with a Variable Number of Agents

Paperback

EconomicsManagement

ISBN10: 0521027039
ISBN13: 9780521027038
Publisher: Cambridge University Press
Published: Jun 22 2006
Pages: 224
Weight: 0.74
Height: 0.51 Width: 6.00 Depth: 9.00
Language: English
This book extrapolates on the Nash (1950) treatment of the bargaining problem to consider the situation where the number of bargainers may vary. The authors formulate axioms to specify how solutions should respond to such changes, and provide new characterizations of all the major solutions as well as the generalizations of these solutions.

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