Rachmilevitch, Shiran - In: Theory and Decision 76 (2014) 2, pp. 173-177
“Randomized dictatorship,” one of the simplest ways to solve bargaining situations, works as follows: a fair coin toss determines the “dictator”—the player to be given his first-best payoff. The two major bargaining solutions, that of Nash (Econometrica 18:155–162, <CitationRef CitationID="CR8">1950</CitationRef>) and that of...</citationref>
