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This research states the stylised n (more than two) players' splitting problem as a mathematical programme, relying on definitions of the values of the game and problem stationarity to generate tractable reduced forms, and derives the known solutions according to the properties of pertaining...
Persistent link: https://www.econbiz.de/10011524731
concerned with fairness. Nash bargaining solution is introduced as the fairness reference point and equilibrium results are …
Persistent link: https://www.econbiz.de/10012938605
consistent with these facts. In this theory, search and bargaining with incomplete information generates stickiness in the … place low value on the unit search elsewhere and leave. Landlords with one unit loathe vacancy and offer tenants the … identical contract to pre-empt search; only those who really hate the unit leave …
Persistent link: https://www.econbiz.de/10012955614
focused, the bargaining process has a zero-sum structure. When the disagreement is widespread, the zero-sum structure …
Persistent link: https://www.econbiz.de/10013061763
-perpetuating allocations realized from a simple bargaining game must be core allocations although players make simultaneous demands for surplus …
Persistent link: https://www.econbiz.de/10014068090
This paper analyzes fairness and bargaining in a dynamic bilateral matching market. Traders from both sides of the … market are pairwise matched to share the gains from trade. The bargaining outcome depends on the traders’ fairness attitudes … in isolated bilateral bargaining. …
Persistent link: https://www.econbiz.de/10012587476
This paper analyzes fairness and bargaining in a dynamic bilateral matching market. Traders from both sides of the … market are pairwise matched to share the gains from trade. The bargaining outcome depends on the traders’ fairness attitudes … in isolated bilateral bargaining. …
Persistent link: https://www.econbiz.de/10012648091
Persistent link: https://www.econbiz.de/10011571587
We consider upper and lower bounds for maxmin allocations of a completely divisible good in both competitive and cooperative strategic contexts. We then derive a subgradient algorithm to compute the exact value up to any fixed degree of precision
Persistent link: https://www.econbiz.de/10013112094
precision. -- Fair Division ; Maxmin Allocation ; Kalai Bargaining Solution ; Cooperative Game Theory …
Persistent link: https://www.econbiz.de/10009380614