Ryo-ichi Nagahisa

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We axiomatize the Kalai-Smorodinsky solution (1975) in the Nash bargaining problems if the feasible sets can be finite. We show that the KalaiSmorodinsky solution is the unique solution satisfying Continuity (in the Hausdor¤ topology endowed with payo¤s space), Independence (which is weaker than Nash’s one and essentially equivalent to Roth (1977)’s one),(More)
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