The kalai/smorodinsky solution with time preferences
(1989)
Journal Article
Anbarci, N. (1989). The kalai/smorodinsky solution with time preferences. Economics Letters, 31(1), 5-7. https://doi.org/10.1016/0165-1765%2889%2990102-x
Even under complete information, the Rubinstein scheme does not generate a unique (subgame) perfect equilibrium partition unless the players are risk neutral. In the standard cooperative bargaining literature, on the other hand, time preferences of p... Read More about The kalai/smorodinsky solution with time preferences.