Bargaining among groups: an axiomatic viewpoint |
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Authors: | Suchan Chae Hervé Moulin |
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Affiliation: | 1. Department of Mathematics, Seoul National University, Seoul, 151-747, Korea 2. Department of Economics, Rice University, Houston, TX, 77005, USA
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Abstract: | We introduce a model of bargaining among groups, and characterize a family of solutions using a Consistency axiom and a few other invariance and monotonicity properties. For each solution in the family, there exists some constant α ≥ 0 such that the “bargaining power” of a group is proportional to c α , where c is the cardinality of the group. |
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