Please use this identifier to cite or link to this item: http://hdl.handle.net/11718/9339
Title: A compromise solution for claims problems
Authors: Lahiri, Somdeb
Keywords: Multicriteria (analysis);Bargaining;Compromise solutions;Claims problems;Utility (theory)
Issue Date: 5-Oct-1994
Abstract: The purpose of this paper is to axiomatically characterize a Compromise Solution for claims problems which satisfies invariance under affine utility transformations. The more well-known solutions for claims problems do not satisfy this property. This is a major deficiency of the latter class of solutions, as they fail to predict appropriate responsiveness to risk aversion by one's opponents. Our solution overcomes this deficiency.
Description: European Journal of Operational Research, No. 73, (1994), pp. 39 - 43
URI: http://hdl.handle.net/11718/9339
Appears in Collections:Journal Articles

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