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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 |
Files in This Item:
File | Description | Size | Format | |
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Acompromisesolutionforclaimsproblems.pdf Restricted Access | 350.55 kB | Adobe PDF | View/Open Request a copy |
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