Article ID: | iaor2001935 |
Country: | Germany |
Volume: | 29 |
Issue: | 1 |
Start Page Number: | 81 |
End Page Number: | 92 |
Publication Date: | Jan 2000 |
Journal: | International Journal of Game Theory |
Authors: | Peters H., Calvo E. |
We present an alternative formulation of the two-person equal area bargaining solution based on a dynamical process describing the disagreement point set. This alternative formulation provides an interpretation of the idea of equal concessions. Furthermore, it leads to an axiomatic characterization of the solution.