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This paper analyzes the compromise social choice correspondence derived from the F-value of digraph games.Among other things monotonicity of this correspondence is shown
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We model a player’s uncertainty about other players’ strategy choices as smooth probability distributions over their strategy sets. We call a strategy profile (strictly) robust to strategic uncertainty if it is the limit, as uncertainty vanishes, of some sequence (all sequences) of strategy...
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centralization of wage bargaining and of the interaction between those institutional variables, on real wages, unemployment and … to induce the central bank to inflate at a lower rate. An increase in the degree of centralization of wage bargaining (a …
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, the more balanced Nash bargaining solution is approximately restored.In all cases commitment occurs in equilibrium, even …
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We present an experimental study of a risky sequential bargaining to model negotiations in risky joint ventures that …
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