Abstract
In this paper we deal with the extension of Nash bargaining theory to nonconvex problems. By focussing on the Social Welfare Ordering associated with a bargaining solution, we characterize the symmetric Nash Bargaining Solution (NBS). Moreover, we obtain a unified method of proof of recent characterization results for the asymmetric single-valued NBS and the symmetric multivalued NBS, as well as their extensions to different domains.
| Original language | English |
|---|---|
| Pages (from-to) | 351-358 |
| Number of pages | 8 |
| Journal | Theory and Decision |
| Volume | 48 |
| Issue number | 4 |
| Publication status | Published - Jun 2000 |
Keywords
- bargaining
- Nash solution
- nonconvex problems
- Social Welfare Orderings
- EXTENSION