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Inner core, asymmetric nash bargaining solutions and competitive payoffs
Brangewitz, Sonja; Gamp, Jan-Philip - 2011
We investigate the relationship between the inner core and asymmetric Nash bargaining solutions for n-person bargaining … positive vectors of weights coincides with the inner core if all points in the underlying bargaining set are strictly positive …
Persistent link: https://www.econbiz.de/10010319987
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Inner core, asymmetric nash bargaining solutions and competitive payoffs
Brangewitz, Sonja; Gamp, Jan-Philip - 2011
We investigate the relationship between the inner core and asymmetric Nash bargaining solutions for n-person bargaining … positive vectors of weights coincides with the inner core if all points in the underlying bargaining set are strictly positive … results on non-cooperative foundations of cooperative games. -- Inner Core ; Asymmetric Nash Bargaining Solution ; Competitive …
Persistent link: https://www.econbiz.de/10009268595
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Inner Core, Asymmetric Nash Bargaining Solutions and Competitive Payoffs
Brangewitz, Sonja - 2012
We investigate the relationship between the inner core and asymmetric Nash bargaining solutions for n-person bargaining … positive vectors of weights coincides with the inner core if all points in the underlying bargaining set are strictly positive …
Persistent link: https://www.econbiz.de/10013108823
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Implementing the Mas-Colell bargaining set
Serrano, Roberto; Vohra, Rajiv - 2001
We provide a mechanism that approximately implements the Mas-Colell bargaining set in subgame perfect equilibrium. The mechanism is based on the definition of the Mas-Colell bargaining set, and respects feasibility in and out of equilibrium.
Persistent link: https://www.econbiz.de/10010318986
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Equilibrium and matching under price controls
Herings, Peter Jean-Jacques - 2015
The paper considers a one-to-one matching with contracts model in the presence of price controls. This set-up contains two important streams in the matching literature, those with and those without monetary transfers, as special cases and allows for intermediate cases with some restrictions on...
Persistent link: https://www.econbiz.de/10011279692
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Equilibrium and Matching Under Price Controls
Herings, P. Jean-Jacques - 2015
The paper considers a one-to-one matching with contracts model in the presence of price controls. This set-up contains two important streams in the matching literature, those with and those without monetary transfers, as special cases and allows for intermediate cases with some restrictions on...
Persistent link: https://www.econbiz.de/10013029128
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Equilibrium and Matching Under Price Controls
Herings, P. Jean-Jacques - 2015
The paper considers a one-to-one matching with contracts model in the presence of price controls. This set-up contains two important streams in the matching literature, those with and those without monetary transfers, as special cases and allows for intermediate cases with some restrictions on...
Persistent link: https://www.econbiz.de/10013021278
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Competitive Bargaining Equilibrium
Davila, Julio; Eeckhout, Jan - 2004
We propose a simple bargaining procedure, the equilibrium of which converges to the Walrasian allocation as the agents become increasingly patient. We thus establish that the competitive outcome obtains even if agents have market power and are not price-takers. Moreover, where in other...
Persistent link: https://www.econbiz.de/10014071470
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Implementations of the Nash Solution Based on its Walrasian Characterization
Trockel, Walter - 2001
The present paper provides three different support results for the Nash bargaining solution of $n$-person bargaining games. First, for any bargaining game there is defined a non-cooperative game in strategic form, whose unique Nash equilibrium induces a payoff vector that coincides with the Nash...
Persistent link: https://www.econbiz.de/10014150876
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Core stability and core selection in a decentralized labor matching market
Nax, Heinrich H.; Pradelski, Bary S. R. - In: Games 7 (2016) 2, pp. 1-16
are currently employed/unemployed. We show that such a process is absorbed into the core with probability one in finite … time. Moreover, within the core, allocations are selected that are characterized by surplus splitting according to a …
Persistent link: https://www.econbiz.de/10011453256