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Showing 1 to 1 of 1 for “"Kalai-Smorodinsky solution"”.

  1. Three essays in microeconomics

    … submitted by two players. We characterize the solution to a class of arbitration problems using the axiomatic approach. The axioms we impose on the arbitration solution are ``Symmetry in Offers,'' ``Invariance'' and ``Pareto Optimality.'' The key axiom, ``Symmetry in Offers,'' requires that …

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