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Working Papers, Institute of Mathematical Economics, Universität Bielefeld >
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http://hdl.handle.net/10419/43822
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| Title: | | Two support results for the Kalai-Smorodinsky solution in small object division markets  |
| Authors: | | Haake, Claus-Jochen |
| Issue Date: | | 2005 |
| Series/Report no.: | | Working papers // Institute of Mathematical Economics 366 |
| Abstract: | | We discuss two support results for the Kalai-Smorodinsky bargaining solution in the context of an object division problem involving two agents. Allocations of objects resulting from strategic interaction are obtained as a demand vector in a specific market. For the first support result games in strategic form are derived that exhibit a unique Nash equilibrium. The second result uses subgame perfect equlibria of a game in extensive form. Although there may be multiple equilibria, coordination problems can be removed. |
| Subjects: | | support result object division market Kalai-Smorodinsky solution |
| JEL: | | C78 D40 |
| Persistent Identifier of the first edition: | | urn:nbn:de:hbz:361-7012 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Working Papers, Institute of Mathematical Economics, Universität Bielefeld
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