Abstract
We characterize the Nash bargaining solution replacing the axiom of Independence of Irrelevant Alternatives with three independent axioms: Independence of Non-Individually Rational Alternatives, Twisting, and Disagreement Point Convexity. We give a non-cooperative bargaining interpretation to this last axiom.
| Original language | English |
|---|---|
| Pages (from-to) | 811-823 |
| Number of pages | 13 |
| Journal | Social Choice and Welfare |
| Volume | 19 |
| Issue number | 4 |
| DOIs | |
| State | Published - Oct 2002 |
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