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Simple characterizations of the Nash and Kalai/Smorodinsky solutions. (English) Zbl 0916.90280
Summary: We introduce two new properties, the midpoint outcome on a linear frontier and balanced focal point properties, to replace the weak Pareto optimality, symmetry and independence of equivalent utility representations properties in the axiomatic characterizations of the two most prominent solution concepts, namely the Nash and Kalai/Smorodinsky solutions, respectively.
Reviewer: Reviewer (Berlin)

MSC:
91A12 Cooperative games
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