Continuity properties of bargaining solutions |
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Authors: | Hannu Salonen |
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Affiliation: | 1. Department of Economics, University of Turku, 20500, Turku, Finland
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Abstract: | Three different concepts of continuity of bargaining solutions are examined: Pareto continuity, Hausdorff continuity, and Kuratowski continuity. A new axiomatic characterization of the Nash solution is proposed. In this axiomatization, Kuratowski continuity plays a major role. |
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