Showing 1 - 8 of 8
Most of the economic literature on bargaining has focused on situations where the set of possible outcomes is taken as given. This paper is concerned with situations where decision-makers first need to identify the set of feasible outcomes before they bargain over which of them is selected. Our...
Persistent link: https://www.econbiz.de/10008908890
Persistent link: https://www.econbiz.de/10009502422
Persistent link: https://www.econbiz.de/10008932996
A group of rational individuals with common interest need to select one of two outcomes. The optimal decision depends on whether certain premises or pieces of evidence are established as being true, and each member receives a noisy signal of the truth value of the relevant premises. Should the...
Persistent link: https://www.econbiz.de/10009612243
Persistent link: https://www.econbiz.de/10011383732
Persistent link: https://www.econbiz.de/10011385756
I adapt a reduction process introduced by Serrano and Volij (1998) so that the reduced games of convex-valued games are convex-valued. I use the corresponding consistency property and its converse to axiomatize the inner core for games that are convex-valued, non-level and smooth
Persistent link: https://www.econbiz.de/10014064858
Most of the economic literature on bargaining has focused on situations where the set of possible outcomes is taken as given. This paper is concerned with situations where decision-makers first need to identify the set of feasible outcomes before they bargain over which of them is selected. Our...
Persistent link: https://www.econbiz.de/10014186265