The lexicographic egalitarian solution

The lexicographic egalitarian solution

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Article ID: iaor19881165
Country: Belgium
Volume: 30
Start Page Number: 149
End Page Number: 156
Publication Date: May 1988
Journal: Cahiers du Centre d'tudes de Recherche Oprationnelle
Authors: ,
Keywords: bargaining
Abstract:

A new characterization is presented of the lexicographic egalitarian solution for the pure n-person bargaining problem. This characterization uses Pareto optimality, anonymity and an axiom called restricted monotonicity with respect to additional resources.

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