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Ismail Saglam
 
''Endogenously proportional bargaining solutions''
( 2013, Vol. 33 No.2 )
 
 
This paper introduces a class of endogenously proportional bargaining solutions. These solutions are inside the class of Directional solutions, which Chun and Thomson (1987) proposed to generalize (exogenously) proportional solutions of Kalai (1977). Endogenously proportional solutions are characterized by weak Pareto optimality and continuity together with two new axioms that depend on the total payoff asymmetry of the bargaining problem. Each of these solutions satisfies the basic symmetry axiom and also a stronger axiom called total payoff symmetry.
 
 
Keywords: Cooperative bargaining, proportional solutions, symmetry
JEL: C7 - Game Theory and Bargaining Theory:General
D7 - Analysis of Collective Decision-Making: General
 
Manuscript Received : Dec 13 2012 Manuscript Accepted : Jun 18 2013

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