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Nash bargaining theory, nonconvex problems and social welfare orderings
journal contributionposted on 2000-01-01, 00:00 authored by V Denicolò, Marco MariottiMarco Mariotti
In this paper we deal with the extension of Nash bargaining theory to nonconvex problems. By focussing on the Social Welfare Ordering associated with a bargaining solution, we characterize the symmetric Nash Bargaining Solution (NBS). Moreover, we obtain a unified method of proof of recent characterization results for the asymmetric single-valued NBS and the symmetric multivalued NBS, as well as their extensions to different domains.