Jarque, Xavier; Clara Ponsat? Jozsef Sakovics - Departament d'Economia i Història Econòmica, … - 2001
the non-linear system is a saddle point, with a 1-dimensional stable
and a 1-dimensional unstable manifold, Es and Eu … only if and when they reach an agreement. We denote an agreement
by a number, x 2 (0; 1), that indicates the portion of the … surplus assigned to Player 1, while Player 2
receives 1 x. Feasible proposals and agreements are restricted to elements of …