Abstract
Nash's axioms are extended to a domain of nonconvex problems to characterise in a simple way the Extended Nash Bargaining Solution proposed by Conley and Wilkie (1996, Games Econ. Behav. 13, 26-38). Independence of irrelevant alternatives is weakened on the new domain to lake into account the possibility that the solution of the convexified problem constitutes a "relevant" alternative. (C) 1998 Academic Press.
| Original language | English |
|---|---|
| Pages (from-to) | 377-383 |
| Number of pages | 7 |
| Journal | Games and Economic Behavior |
| Volume | 22 |
| Issue number | 2 |
| Publication status | Published - Feb 1998 |
Keywords
- BARGAINING PROBLEM
- EXTENSION