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School of Economics and Finance

No. 608: Uncovered Bargaining Solutions

Michele Lombardi Queen Mary, University of London Marco Mariotti Queen Mary, University of London

September 1, 2007

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Abstract

An uncovered bargaining solution is a bargaining solution for which there exists a complete and strict relation (tournament) such that, for each feasible set, the bargaining solution set coincides with the uncovered set of the tournament. We provide a characterization of a class of uncovered bargaining solutions.

J.E.L classification codes: C72, D44

Keywords: Bargaining, Tournaments, Uncovered set, Non-convex problems

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