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We use experiments to study coordination in games with incomplete information. In the games, one player knows the …
Persistent link: https://www.econbiz.de/10010552459
We look at the basic applications of cooperative game theory to economic situations. These include bargaining and …
Persistent link: https://www.econbiz.de/10010883241
. In our stochastic (alternating offer) bargaining experiment, there is a certain first-period pie and a known finite …
Persistent link: https://www.econbiz.de/10011011344
former spouses, in line with rules in Germany. The reference situation within the marriage is, on the one hand, Nash-bargaining …
Persistent link: https://www.econbiz.de/10005081022
Rubinstein bargaining model. The conditions encompass a class of non-convex or disconnected payoff sets with discontinuous Pareto … frontiers. Roughly speaking, the equilibrium is unique if the objective function of the corresponding Nash-bargaining game has a …
Persistent link: https://www.econbiz.de/10005081034
The paper investigates under which additional assumptions the bargaining set, the reactive bargaining set or the … semireactive bargaining set coincides with the core on the class of symmetric TU-games. Furthermore, we give an example which … illustrates that the property 'the bargaining set coincides with the core' is not a prosperity property. …
Persistent link: https://www.econbiz.de/10005081050
Bargaining" (GFB) rule, where a party may not demand more than it has previously demanded. The GFB rule significantly restricts …
Persistent link: https://www.econbiz.de/10005081053
market that corresponds to the generalized Nash bargaining solution. The bargaining power of each party depends on the … division of the unclaimed surplus and the population sizes. The bargaining power of a given population will increase either …
Persistent link: https://www.econbiz.de/10004964046
sets of which are cephoids. We provide a version of the Shapley NTU value for such games based on the bargaining solution …
Persistent link: https://www.econbiz.de/10008493094
We consider an infinite horizon bargaining game in which a deadline can arise with positive probability and where …
Persistent link: https://www.econbiz.de/10005047568