Some Impossibility Results on the Converse Consistency Principle in Bargaining
Tóm tắt
We investigate the existence of solutions satisfying converse consistency together with other well-known axioms in the context of bargaining. Our results are negative. First, we show that there is no solution satisfying converse consistency together with Pareto optimality and contraction independence. Second, we show that there is no solution satisfying converse consistency together with Pareto optimality and individual monotonicity.
Tài liệu tham khảo
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