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We fix the status quo (Q) and one of the bilateral bargaining agents to examine how facing opponents with different single-peaked utility functions over a unidimensional space affects the Nash, Kalai-Smorodinsky and Perles-Maschler bargaining solutions. We find that when one opponent's utility...
Persistent link: https://www.econbiz.de/10005066310
We fix the status quo (Q) and one of the bilateral bargaining agents to examine how shifting the opponent.s ideal point (type) away from Q in a unidimensional space affects the Nash and Kalai-Smorodinsky bargaining solutions when opponents differ only in their ideal points. The results are...
Persistent link: https://www.econbiz.de/10005404514