an:06656267
Zbl 1368.91107
Driesen, Bram; Lombardi, Michele; Peters, Hans
Feasible sets, comparative risk aversion, and comparative uncertainty aversion in bargaining
EN
J. Math. Econ. 67, 162-170 (2016).
00360904
2016
j
91B26 91B16
subjective expected utility; Choquet expected utility; comparative risk aversion; comparative uncertainty aversion; bargaining
Summary: We study feasible sets of the bargaining problem under two different assumptions: the players are subjective expected utility maximizers or the players are Choquet expected utility maximizers. For the latter case, we consider the effects on bargaining solutions when players become more risk averse and when they become more uncertainty averse.