ScienceDirect® Home Skip Main Navigation Links
You have guest access to ScienceDirect. Find out more.
 
Home
Browse
My Settings
Alerts
Help
 Quick Search
 Search tips (Opens new window)
    Clear all fields    
Mathematical Social Sciences
Volume 15, Issue 1, February 1988, Pages 11-27
 
Font Size: Decrease Font Size  Increase Font Size
 Abstract - selected
Purchase PDF (964 K)

 
 
 
Related Articles in ScienceDirect
View More Related Articles
 
View Record in Scopus
 
doi:10.1016/0165-4896(88)90026-1    How to Cite or Link Using DOI (Opens New Window)
Copyright © 1988 Published by Elsevier Science (USA). All rights reserved.

Monotonicity properties of bargaining solutions when applied to economics*1

Youngsub Chun

William Thomson**

Department of Economics, Southern Illinois University, Carbondale, IL 62901, U.S.A. Department of Economics, University of Rochester, Rochester, New York 14627, U.S.A.

Received 22 July 1985; 
revised 30 December 1986. 
Communicated by E. Kalai 
Available online 26 March 2002.

Purchase the full-text article



References and further reading may be available for this article. To view references and further reading you must purchase this article.

Abstract

We are concerned with the application of bargaining solutions to economic problems of fair division, and, in particular, with the way they respond to changes in the amount to be divided. For instance, one may want an increase in that amount to benefit all agents. A variety of monotonicity properties have been studied in the abstract framework of bargaining theory. Most of the commonly studied solutions are known not to satisfy many of these properties. Here, we investigate the extent to which they do when applied to economics. We show that when there is only one good, they do in fact satisfy many monotonicity properties that they do not satisfy in general. However, this positive result fails as soon as the number of commodities is greater than 2.

Author Keywords: Monotonicity; bargaining solutions; fair division

Article Outline

• References

 
Home
Browse
My Settings
Alerts
Help
Elsevier.com (Opens new window)
About ScienceDirect  |  Contact Us  |  Information for Advertisers  |  Terms & Conditions  |  Privacy Policy
Copyright © 2008 Elsevier B.V. All rights reserved. ScienceDirect® is a registered trademark of Elsevier B.V.