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The Maschler-Perles Solution: 2 Simple Proofs for Superadditivity

Author

Listed:
  • Joachim Rosenmüller

    (IMW, University of Bielefeld, Germany)

Abstract

The Maschler Perles Solution is the unique bargaining solution which is superadditive and satisfies the usual covariance properties. We provide two proofs for supperadditivity that do not rely on the standard traveling time.

Suggested Citation

  • Joachim Rosenmüller, 2004. "The Maschler-Perles Solution: 2 Simple Proofs for Superadditivity," Economics Bulletin, AccessEcon, vol. 3(35), pages 1-8.
    • Handle: RePEc:ebl:ecbull:eb-04c70003
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    Keywords

    Bargaining;

    JEL classification:

    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
    • C0 - Mathematical and Quantitative Methods - - General

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