Arbeitspapier

Dividing by demanding: object division through market procedures

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.

Language
Englisch

Bibliographic citation
Series: Working Papers ; No. 359

Classification
Wirtschaft
Bargaining Theory; Matching Theory
Existence and Stability Conditions of Equilibrium
Exchange and Production Economies
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Subject
Object Division
Market Procedure
Perles-Maschler Solution
Verhandlungstheorie
Allgemeines Gleichgewicht

Event
Geistige Schöpfung
(who)
Haake, Claus-Jochen
Event
Veröffentlichung
(who)
Bielefeld University, Institute of Mathematical Economics (IMW)
(where)
Bielefeld
(when)
2004

Handle
URN
urn:nbn:de:hbz:361-6050
Last update
10.03.2025, 11:42 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Haake, Claus-Jochen
  • Bielefeld University, Institute of Mathematical Economics (IMW)

Time of origin

  • 2004

Other Objects (12)