A characterization of the Kalai–Smorodinsky bargaining solution by disagreement point monotonicity

A characterization of the Kalai–Smorodinsky bargaining solution by disagreement point monotonicity

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Article ID: iaor201110524
Volume: 40
Issue: 4
Start Page Number: 691
End Page Number: 696
Publication Date: Nov 2011
Journal: International Journal of Game Theory
Authors:
Keywords: bargaining, Nash theory and methods
Abstract:

We provide a new axiomatization of the Kalai–Smorodinsky bargaining solution, which replaces the axiom of individual monotonicity by disagreement point monotonicity and a restricted version of Nash’s IIA.

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