Transfer Paradox and Bargaining Solutions

DC Field Value Language
dc.contributor.authorChun, Youngsub-
dc.identifier.citationSeoul Journal of Economics 9 (No. 3 1996): 181-190en
dc.description.abstractWe investigate whether bargaining solutions are immune to the transfer paradox for n-person bargaining problems. We show that two families of bargaining solutions, one generalizing the Nash solution and another generalizing the Kalai-Smorodinsky solution, are immune to the strong transfer paradox requiring the donor gains and the recipient loses. Also, we present examples demonstrating that the Nash and the Kalai-Smorodinsky solutions are subject to the weak transfer paradox so that the donor and the recipient could gain together or lose together.-
dc.publisherSeoul Journal of Economicsen
dc.subjectbargaining solutionen
dc.subjectdonor gainen
dc.titleTransfer Paradox and Bargaining Solutionsen
dc.typeSNU Journalen
Appears in Collections:
College of Social Sciences (사회과학대학)Institute of Economics Research (경제연구소)Seoul Journal of EconomicsSeoul Journal of Economics vol.09(3) (Fall 1996)
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