Fairness in Bargaining and the Kalai-Smorodinsky Solution

Preprint OPEN
Rachmilevitch, Shiran;
  • Subject: Bargaining; fairness; Kalai-Smorodinsky solution
    • jel: jel:D63 | jel:D71
    arxiv: Physics::Physics and Society | Computer Science::Computer Science and Game Theory

A bargaining solution guarantees minimal equity if each player's payoff is at least as large as the minimum of the payoffs assigned to him by the equal-gain (i.e., egalitarian) and equal-loss solutions. The Kalai-Smorodinsky solution is the unique scale-invariant 2-pers... View more
Share - Bookmark