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An Inquiry into Well-Being and Destitution$
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Partha Dasgupta

Print publication date: 1995

Print ISBN-13: 9780198288350

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0198288352.001.0001

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Axiomatic Bargaining Theory

Axiomatic Bargaining Theory

(p.337) *11 Axiomatic Bargaining Theory
An Inquiry into Well-Being and Destitution

Partha Dasgupta (Contributor Webpage)

Oxford University Press

The main part of this chapter discusses the household as an allocation mechanism. It has eight sections; (1) gender differentials among adults; (2) allocations among girls and boys; (3) bridewealth and dowry; (4) regional patterns of household allocations: the case of India; (5) marriage and inheritance in India; (6) bargaining theory as a framework for household choice; (7) the Nash programme: a formalization; and (8) bargaining versus maximization of well‐being within the household. An extra and separate section (designated Chapter *11) gives theoretical presentations on two aspects of the axiomatic bargaining theory: (1) the Nash bargaining solution; and (2) the Kalai–Smorodinsky bargaining solution.

Keywords:   bargaining, bargaining theory, boys, choice, dowry, gender, girls, households, India, inheritance, Kalai–Smorodinsky bargaining solution, marriage, Nash bargaining solution, resource allocation, well‐being

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