On the Status Quo Sets Induced by the Raiffa Solution to the Two-Person Bargaining Problem

Published Online:https://doi.org/10.1287/moor.14.4.688

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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