We investigate a random proposer bargaining game with a dead line. A bounded time interval is divided into bargaining … periods of equal length and we study the limit of the subgame perfect equilibrium outcome as the number of bargaining periods …

, 1953) for two-person bargaining games. Three of these axioms are standard and are shared by several popular bargaining … solutions. They suffice to characterize these solutions on TU-bargaining games where they coincide. The fourth axiom is a … of Nash's IIA-axiom that together with the three standard axioms suffices to characterize the Nash bargaining solution …

structure. Furthermore, we obtain a solution for pure bargaining problems with coalition structure which generalizes the Nash … (1950) bargaining solution. Copyright Springer-Verlag Berlin/Heidelberg 2005 …

A bargaining solution balances fairness and efficiency if each player's payoff lies between the minimum and maximum of … the payoffs assigned to him by the egalitarian and utilitarian solutions. In the 2-person bargaining problem, the Nash …, which I generalize. For n>=3, there does not exist any n-person scale-invariant bargaining solution that balances fairness …

Bargaining theory has a conceptual dichotomy at its core: according to one view, the utilities in the bargaining …

departure to address this problem, assuming that the committee is a bargaining scenario in which negotiations take place 'in the …

is a player who prefers x over y even with one period lag. The Nash bargaining solution is characterized in the language …

endogenously determined through bargaining between owners—the welfare-maximizing government and dividend-maximizing private … partially privatized firm's objective, whereas it decreases the weight of welfare. However, our bargaining approach shows that …