A characterization of the leximin solution of the bargaining problem

A characterization of the leximin solution of the bargaining problem

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Article ID: iaor20002295
Country: Germany
Volume: 49
Issue: 3
Start Page Number: 395
End Page Number: 400
Publication Date: Jan 1999
Journal: Mathematical Methods of Operations Research (Heidelberg)
Authors: ,
Abstract:

We show that the lexicographic maximin solution is the only solution that satisfies the axioms of Pareto optimality, comprehensive hull axiom and duplicated individual monotonicity.

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