Bargaining in Economic and Ethical Environments: An Experimental Study and Normative Solution Concepts

ISBN-13: 9783540610489 / Angielski / Miękka / 1996 / 155 str.

M. Klemisch-Ahlert; Marlies Klemisch-Ahlert

Opis

Two features are combined in this book: the analysis of bargaining experiments and the development of axiomatic bargaining theories. Further, a new type of the latter is derived from observations in the former. The author describes bargaining experiments with different economic and ethical frames as well as developing axiomatic approaches to characterize the corresponding bargaining solutions.

Spis treści

1 Introduction.- I An Experimental Study on Bargaining Behavior.- 2 Motivation and Design of the Study.- 2.1 Motivation.- 2.2 Design of the Study.- 2.3 Data.- 3 Monotonicity Results.- 3.1 Introduction.- 3.2 Rank Regression Analysis.- 3.3 Monotonicity in Payoff Ratios of the Agreements.- 3.4 Monotonicity in Planned Bargaining Goals.- 4 Norms in Economic and Ethical Environments.- 4.1 Introduction.- 4.2 Strong Pareto Optimality in Payoffs or Envy?.- 4.3 Environments with Contributions.- 4.4 Environments with Payments to Indigents.- II Normative Bargaining Theories on Economic and Ethical Environments.- 5 Roemer’s Bargaining Theory on Economic Environments.- 6 Bargaining Solutions with Goals.- 6.1 Introduction.- 6.2 Economic Situations and Goals.- 6.3 Bargaining Solutions.- 6.4 A Characterization of the Proportional Solution by a Monotonicity Axiom.- 6.5 A Characterization of the Proportional Solution by a Concession Axiom.- 6.6 Goal Functions and Proportional Solutions.- 6.7 An Outlook on a Bargaining Theory on Ethical and Economic Environments.- 7 An Axiomatic Characterization of the Normalized Utilitarian Bargaining Solution.- 7.1 Introduction.- 7.2 Definitions and Notations.- 7.3 Axioms.- 7.4 Result.- 7.5 Concluding Remarks.- 8 Bargaining When Redistribution is Possible.- 8.1 Introduction.- 8.2 Notations, Definitions and Axioms.- 8.3 Solutions.- 8.4 A Characterization of the Generalized Kalai-Smorodinsky Solution on Dn.- 8.5 A Characterization of the Generalized Kalai-Smorodinsky Solution on $$ D_0^n $$.- 8.6 A Characterization of the Generalized Kalai-Smorodinsky Solution on $$ D_0^2 $$.- 8.7 Concluding Remarks.- 9 A Combination of Part I and Part II.- Notations.