Simple Charaterization of the Nash and Kalai/Smorodinsky Solutions

Anbarci, N.

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