Article ID: | iaor19951079 |
Country: | Poland |
Volume: | 21 |
Issue: | 1 |
Start Page Number: | 267 |
End Page Number: | 275 |
Publication Date: | Jan 1992 |
Journal: | Control and Cybernetics |
Authors: | Lahiri Somdeb |
Keywords: | bargaining |
A framework for analyzing threat bargaining games with incomplete information is provided. Within this framework a characterization of the Kalai-Smorodinsky solution is obtained without any monotonicity assumption, together with the family of non-symmetric Nash bargaining solutions without the assumption of independence of irrelevant alternatives, given only that the beliefs of the players in a threat bargaining game are distributed uniformly. It is further argued the framework provided is genuinely general in terms of the class of bargaining problems for which it holds.