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Title:Dividing by demanding: object division through market procedures PDF Logo
Authors:Haake, Claus-Jochen
Issue Date:2004
Series/Report no.:Working papers // Institute of Mathematical Economics 359
Abstract:We discuss a model, in which two agents may distribute finitely many objects among themselves. The conflict is resolved by means of a market procedure. Depending on the specifications, this procedure serves to implement bargaining solutions such as the discrete Raiffa solution, the Kalai-Smorodinsky solution and the Perles-Maschler solution. The latter is axiomatized using the superadditivity axiom, which in the present context is readily interpreted as resolving a specific source of conflict potential.
Subjects:Object Division
Market Procedure
Perles-Maschler Solution
JEL:C78
C62
D51
D63
Persistent Identifier of the first edition:urn:nbn:de:hbz:361-6050
Document Type:Working Paper
Appears in Collections:Working Papers, Center for Mathematical Economics (IMW), Bielefeld University

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