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For two-person complete-information strategic games with transferable utility, all major variable-threat bargaining and arbitration solutions coincide. This conuence of solutions by luminaries such as Nash, Harsanyi, Rai¤a, and Selten, is more than mere coincidence. Staying in the class of...
Persistent link: https://www.econbiz.de/10010592134
For two-person complete-information strategic games with transferable utility, all major variable-threat bargaining and arbitration solutions coincide. This confluence of solutions by luminaries such as Nash, Harsanyi, Raiffa, and Selten, is more than mere coincidence. Staying in the class of...
Persistent link: https://www.econbiz.de/10008804919
The paper considers a one-to-one matching with contracts model in the presence of price controls. This set-up contains two important streams in the matching literature, those with and those without monetary transfers, as special cases and allows for intermediate cases with some restrictions on...
Persistent link: https://www.econbiz.de/10011147047
This book introduces new concepts for cooperative game theory, and particularly solutions that determine the distribution of a coalitional surplus among the members of the coalition. It also addresses several generalizations of cooperative game theory. Drawing on methods of welfare economics,...
Persistent link: https://www.econbiz.de/10011115433
AbstractThe following sections are included:An Overview of the ModelFCS GamesConsiderable Solutions in FCS GamesThe CoreDetermination of the Feasible Condition StructuresA Coalition for Production and SaleA Production-and-Sale Coalition in a Steady StateOptimality within the CoalitionBargaining...
Persistent link: https://www.econbiz.de/10011206347
AbstractThe following sections are included:PreliminariaTU Games in Partition Function FormSymmetrySuperadditivityEfficiencySuccessor FunctionNTU Games in Partition Function FormSuperior GamesExample: A Common-Property ResourceExample: A Cartel with Differentiated ProductsChapter Summary
Persistent link: https://www.econbiz.de/10011206456
AbstractThe following sections are included:Nontransferable Utility GamesZeuthen's SolutionNash Bargaining with Equal Bargaining PowerVariable-Threat BargainingNash Bargaining and Nash EquilibriumUnequal Bargaining PowerChapter Summary
Persistent link: https://www.econbiz.de/10011206505
AbstractThe following sections are included:A Brief Digression on the Noncooperative Stage of a Biform GameBargaining Power Biform GamesBiform Games and ExternalitiesSome Examples from the Recent LiteratureBrandenburger and Stuart (2007)Chatain and Zemsky (2007)Biform Games and Job MatchingA...
Persistent link: https://www.econbiz.de/10011206510
AbstractThe following sections are included:ExcessThe NucleolusUniquenessCharacterizing the CoreThe Intermediate Case and Proper GamesExtended CoreSuperior GamesThe Example of a Common-Property ResourceThe Example of a CartelSummary and Conclusions
Persistent link: https://www.econbiz.de/10011206539
AbstractThe following sections are included:Bargaining Power GamesExamplesThe Relation of this Model to Some PredecessorsMatching Games and Bargaining PowerBargaining Power NTU Games in Partition Function FormReflectionsSummary
Persistent link: https://www.econbiz.de/10011206552