The egalitarian solution and reduced game properties in convex games

1990 ◽  
Vol 19 (2) ◽  
pp. 153-169 ◽  
Author(s):  
B. Dutta
2000 ◽  
Vol 40 (1) ◽  
pp. 111-121 ◽  
Author(s):  
Flip Klijn ◽  
Marco Slikker ◽  
Stef Tijs ◽  
José Zarzuelo

2001 ◽  
Vol 03 (04) ◽  
pp. 315-323 ◽  
Author(s):  
CHIH CHANG ◽  
YAN-AN HWANG

Two new axioms, additivity of additional bonus (AAB) and reduced game monotonicity (RGM), are introduced. AAB states that the players can gain an additional bonus after they achieved an agreement; on the other hand, if the bargaining fails then they get nothing. With its help, we characterise the lexicographic egalitarian solution by individual rationality (IR), AAB and consistency (CON). The other axiom, RGM, is a weaker axiom than CON and strong monotonicity (SMON), respectively. Using Pareto optimal (PO), IR, AAB and RGM, the second characterisation of the lexicographic egalitarian solution is presented.


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