@techreport{1c9386dff5974d0489e1983d959a4ad7,
title = "On the Sensitivity Matrix of the Nash Bargaining Solution",
abstract = "In this note we provide a characterization of a subclass of bargaining problems for which the Nash solution has the property of disagreement point monotonicity.While the original d-monotonicity axiom and its stronger notion, strong d-monotonicity, were introduced and discussed by Thomson [15], this paper introduces local strong d-monotonicity and derives a necessary and sufficient condition for the Nash solution to be locally strong d-monotonic.This characterization is given by using the sensitivity matrix of the Nash bargaining solution w.r.t. the disagreement point d.Moverover, we present a sufficient condition for the Nash solution to be strong d-monotonic.",
keywords = "Nash bargaining solution, d-monotonicity, diagonally dominant Stieltjes matrix",
author = "J.C. Engwerda",
note = "Subsequently published in the International Journal of Game Theory, 2008 Pagination: 14",
year = "2006",
language = "English",
volume = "2006-107",
series = "CentER Discussion Paper",
publisher = "Macroeconomics",
type = "WorkingPaper",
institution = "Macroeconomics",
}