Axiomatic bargaining theory: New wine from old bottles
Five classical and uncontroversial axioms—symmetry, weak Pareto optimality, restricted monotonicity, midpoint domination, and superadditivity—characterize a bargaining solution. It assigns to each player their midpoint, that is, the n -th share of their utopia point, and equally divides what remains.
Authors
- Shiran Rachmilevitch (ORCID: https://orcid.org/0000-0001-7677-6719)
- Dominik Karos (ORCID: https://orcid.org/0000-0002-6845-117X)
Institutions
- Bielefeld University (DE)
- Carmel (Israel) (IL)
- University of Haifa (IL)
Publication Details
- Journal
- Games and Economic Behavior
- Published
- 2024-11-26
- DOI
- https://doi.org/10.1016/j.geb.2024.11.009
- Citations
- 1
- Primary Topic
- Game Theory and Voting Systems
- Type
- article
- Field-Weighted Citation Impact
- 1.13