On the Status Quo Sets Induced by the Raiffa Solution to the Two-Person Bargaining Problem
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We prove that the status quo sets induced by the Raiffa Solution to the two-person Bargaining Problem are curves , except when the bargaining domain is rectangular. This property is used in a separate paper by Livne (Livne, Z. 1987. Axiomatic characterization at the Raiffa solution to the Nash bargaining problem. Columbia Business School. Forthcoming in Oper. Res. ) in the axiomatization of the Raiffa Solution.
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