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Simple Charaterization of the Nash and Kalai/Smorodinsky Solutions

Anbarci, N.

Authors



Abstract

In this study we introduce two new properties, the Midpoint Outcome on a Linear Frontier (MOLF) and Balanced Focal Point (BFP) properties, to replace the Weak Pareto Optimality (WPO), Symmetry (SYM) and Independence of Equivalent Utility Representations (IEUR) properties in the axiomatic characterizations of the two most prominent solution concepts, namely the Nash and Kalai/Smorodinsky solutions, respectively.

Citation

Anbarci, N. (1998). Simple Charaterization of the Nash and Kalai/Smorodinsky Solutions. Theory and Decision, 45(3), 255-261. https://doi.org/10.1023/a%3A1005027105436

Journal Article Type Article
Publication Date 1998-12
Deposit Date Aug 17, 2018
Journal Theory and Decision
Print ISSN 0040-5833
Electronic ISSN 1573-7187
Publisher Springer
Peer Reviewed Peer Reviewed
Volume 45
Issue 3
Pages 255-261
DOI https://doi.org/10.1023/a%3A1005027105436
Public URL https://durham-repository.worktribe.com/output/1322836