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Axiomatic Characterization of the Nash and Kalai-Smorodinsky Solution Solutions for Integer Allocation Problems

Author

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  • Somdeb Lahiri

    (University of Witwatersrand at Johannesburg)

Abstract

We consider two-player integer allocation plms and provide axiomatic characterizations of adaptations of the Nash (1950) an Kalai-Smorodinsky (1975) solutions fo such problems. We also relate the theory dveloped for integer allocation problems, to the problem of fair allocation of indivisible objects among two agents. We refer to such problems here, as (two-player) fair matching problems.

Suggested Citation

  • Somdeb Lahiri, 2003. "Axiomatic Characterization of the Nash and Kalai-Smorodinsky Solution Solutions for Integer Allocation Problems," Economics Bulletin, AccessEcon, vol. 28(3), pages 1-3.
    • Handle: RePEc:ebl:ecbull:eb-03aa0003
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    More about this item

    JEL classification:

    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory

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