A monotone solution to the problem of bargaining with transfers
We propose a solution to the problem of bargaining with transfers, along with an axiomatisation of the solution. Each player receives a weighted average of her contributions to each coalition's claim, where a coalition's claim is determined by its best allocation in the bargaining set. The key axioms are additivity and a property we call marginal monotonicity, which states that increasing a player's payoff in an allocation of the bargaining set, either outright or by means of transfers from other players, must benefit that player.
Code (0)
등록된 구현이 없습니다.
Methods 이 논문이 사용한 방법론
Similar Papers 제목 키워드 기반
Blackwell-Monotone Information Costs
A Blackwell-monotone information cost function assigns higher costs to Blackwell more informative experiments. This paper provides simple necessary and sufficient conditions for a cost function to be Blackwell monotone o…
A New Approach to Fair Distribution of Welfare
We consider transferable-utility profit-sharing games that arise from settings in which agents need to jointly choose one of several alternatives, and may use transfers to redistribute the welfare generated by the chosen…
FairnessMonotone Comparative Statics for Equilibrium Problems
We introduce a notion of substitutability for correspondences and establish a monotone comparative static result, unifying results such as the inverse isotonicity of M-matrices, Berry, Gandhi and Haile's identification o…
Weak independence of irrelevant alternatives and generalized Nash bargaining solutions
In Nash's (1950) seminal result, independence of irrelevant alternatives (IIA) plays a central role, but it has long been a subject of criticism in axiomatic bargaining theory. This paper examines the implication of a we…
Uniform Object Rearrangement: From Complete Monotone Primitives to Efficient Non-Monotone Informed Search
Object rearrangement is a widely-applicable and challenging task for robots. Geometric constraints must be carefully examined to avoid collisions and combinatorial issues arise as the number of objects increases. This wo…
ObjectObject Rearrangement