In this paper we obtain an axiomatic characterization of the value function for the class of all bi matrix games satisfying the equivalency and efficiency properties.

In this paper we prove the validity of the revelation principle for arbitration games and also establish that a large class of game forms can be represented as a Bayesian statistician. This adds force and appeal to the ...

This paper is really a modification of a paper by Diamantaras and Thomson (1990). In that paper, the no-envy concept due to Foley (1967) was refined to accommodate some kind of a radial) no-envy comparison, inspired by ...

In this paper, we axiomatically characterize the social choice correspondence, which picks for each economy, the set of equal income budget constrained Pareto efficient allocations. We are able to characterize this social ...

In this paper we study lower and upper approximations of choice functions and propose a necessary and sufficient condition for a choice function to have a path independent lower approximation. In an appendix to this paper ...

A common problem in production planning for a public firm producing n distinct commodities in the same plant and facing a cost constraint, is the choice of the levels of output of the various commodities. This is a classical ...

In this paper we study the problem of universally reducing a multistage vector optimization problem to a one-stage vector optimization problem. This paper draws heavily and modifies on results obtained in Aixerman and ...

In this paper we provide a general framework for studying threat bargaining games with incomplete information and correlated beliefs. In this framework we obtain a characterization of the Kalai- Smorodinsky solution without ...

In this paper we formalize the framework of an arbitration game, to accommodate a large class of situations where public decisions are implemented in a non-cooperative setting. We then present a method of computing the ...