Article ID: | iaor19951360 |
Country: | United Kingdom |
Volume: | 45 |
Issue: | 8 |
Start Page Number: | 954 |
End Page Number: | 958 |
Publication Date: | Aug 1994 |
Journal: | Journal of the Operational Research Society |
Authors: | Ledermann W., Alexander C.O. |
Keywords: | bargaining |
The paper proves a simple condition which guarantees the existence and uniqueness of the constrained generalized Nash bargaining solution in ℝ2. This result is illustrated by a constant elasticity example of firm/union negotiations.