(1) Departamento de Economía y Empresa, Universidad Pablo de Olavide, Sevilla, Spain;(2) Departamento de Economía Aplicada III, Universidad de Sevilla, Spain
Abstract:
In this paper we address bargaining games where the agents have to take into account different criteria to value the decisions.
We propose the class of generalized maximin solutions, as the natural extension for these games of the maximin solutions in
conventional bargaining. In order to refine this solution concept, we define a multicriteria lexicographic partial ordering
and present the class of generalized leximin solutions as those that are nondominated with respect to this relation. We establish
some properties of these solutions and characterize them as solutions of multicriteria problems.
The research of the authors is partially supported by the Spanish Ministry of Science and Technology projects BFM2002-11282-E
and BEC2003-03111.