The argument is know in literature as S-parameter bisection.
There are different studies about that, google it or take a look at IEEE. The problem is about the possibility to find a single solution in closed form, that is not always guaranteed.
If you are an Agilent ADS user, there is an example at: **broken link removed**
The main issue with this techniques is that it works with simulated (no noise, perfect data) data, but if you use measurement data (that usually has some ripple and are not perfectly symmetrical) you can easily have glitches in the final results.
I hope it can help.
Mazz