
doi: 10.1007/bf00297057
The paper investigates a certain class of solutions to the bargaining problem with a varying set of agents belonging to a finite universe of agents. The class is defined by four conditions: symmetry, independence of irrelevant alternatives, continuity and monotonicity. Thus, no optimality conditions are involved. The main result is that any solution satisfying these conditions equals (except perhaps for a two-agent set) a socalled truncated egalitarian solution. This notion is introduced in the paper, ''truncation'' referring to the agent set involved. Such solutions are not in general optimal.
Cooperative games, varying set of agents, truncated egalitarian solution, bargaining
Cooperative games, varying set of agents, truncated egalitarian solution, bargaining
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