Two Impossibility Results on the Converse Consistency Principle in Bargaining

Preprint OPEN
Youngsub Chun (1999)
  • Subject: bargaining problem, axiomatic approach, impossibilities, converse consistency
    • jel: jel:C71 | jel:C78 | jel:D70

We present two impossibility results on the converse consistency principle in the context of bargaining. First, we show that there is no solution satis-fying Pareto optimality, contraction independence, and converse consistency. Next, we show that there is no solution s... View more
Share - Bookmark