Reinterpreting the kernel

R Serrano - Journal of Economic Theory, 1997 - Elsevier
The reduced game relevant for the consistency of the prekernel is used to reinterpret this
solution concept in a way that makes it independent of interpersonal utility comparisons …

Beyond Nash bargaining theory: the Nash set

R Serrano, KI Shimomura - journal of economic theory, 1998 - Elsevier
We extend Nash's bargaining theory to non-convex and coalitional problems. This paper
investigates the implications of Nash-like axioms for bilateral problems and the properties of …