This book extrapolates on the Nash (1950) treatment of the bargaining problem to consider the situation where the number of bargainers may vary. The authors formulate axioms to specify how solutions should respond to such changes, and provide new characterizations of all the major solutions as well as the generalizations of these solutions.
Reviews
'This is one of the best books ever written on normative collective choice.' Ehud Kalai, Social Choice and Welfare 'For both the sympathetic and the critical reader, the well-written monograph is the reference book covering this strand of literature.' Hans Haller, Mathematical Reviews
