Skip to main content

Research Repository

Advanced Search

Non-dictatorial, Pareto-monotonic, cooperative bargaining

Bigelow, J.P.; Anbarci, N.

Authors

J.P. Bigelow



Abstract

The only solutions to Nash's (1950) cooperative bargaining problem which are Pareto-monotonic, weakly Pareto-optimal, independent of equivalent utility representations, and individually rational are dictatorial solutions which maximize one agent's utility subject to individual rationality for the other.

Journal Article Type Article
Publication Date 1993-11
Deposit Date Aug 17, 2018
Journal European Journal of Political Economy
Print ISSN 0176-2680
Publisher Elsevier
Peer Reviewed Peer Reviewed
Volume 9
Issue 4
Pages 551-558
DOI https://doi.org/10.1016/0176-2680%2893%2990039-w
Public URL https://durham-repository.worktribe.com/output/1351440