Robustness of intermediate agreements and bargaining solutions

B-Tier
Journal: Games and Economic Behavior
Year: 2013
Volume: 77
Issue: 1
Pages: 367-376

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Most real-life bargaining is resolved gradually. During this process parties reach intermediate agreements. These intermediate agreements serve as disagreement points in subsequent rounds. We identify robustness criteria which are satisfied by three prominent bargaining solutions, the Nash, Proportional (and as a special case to the Egalitarian solution) and Discrete Raiffa solutions. We show that the “robustness of intermediate agreements” plus additional well-known and plausible axioms, provide novel axiomatizations of the above-mentioned solutions. Hence, we provide a unified framework for comparing these solutionsʼ bargaining theories.

Technical Details

RePEc Handle
repec:eee:gamebe:v:77:y:2013:i:1:p:367-376
Journal Field
Theory
Author Count
2
Added to Database
2026-01-24