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Endogenous reference points and the adjusted proportional solution for bargaining problems with claims

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Abstract.

 A modification of the proportional solution for bargaining problems with claims is proposed. This solution is constructed by considering an endogenous reference point. Characterization results of the aforementioned solution are provided.

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Authors and Affiliations

  1. Departamento de Fundamentos del Análisis Económico and IVIE, Universidad de Alicante, E-03071 Alicante, Spain, , , , , , ES

    Carmen Herrero

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  1. Carmen Herrero
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Received: 22 December 1993/Accepted: 12 August 1996

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Herrero, C. Endogenous reference points and the adjusted proportional solution for bargaining problems with claims. Soc Choice Welfare 15, 113–119 (1997). https://doi.org/10.1007/s003550050095

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  • DOI: https://doi.org/10.1007/s003550050095

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