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payoffs of a game where each player faces the possibility of bargaining at random against any other player. In the kooperative …
Persistent link: https://www.econbiz.de/10010318958
This paper is a survey of the work in the Nash program for coalitional games, a research agenda proposed by Nash (1953) to bridge the gap between the non-cooperative and cooperative approaches to game theory.
Persistent link: https://www.econbiz.de/10010318959
models of bargaining, to cooperative game-theoretic notions of the core, or notions of coalition-proofness in noncooperative …
Persistent link: https://www.econbiz.de/10010420285
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 …
Persistent link: https://www.econbiz.de/10012503005
Selfish, strategic players may benefit from cooperation, provided they reach agreement. It is therefore important to … construct mechanisms that facilitate such cooperation, especially in the case of asymmetric private information. The two major … games and with the major solution concepts to the Nash Bargaining Problem. Moreover, the solution is based on a simple …
Persistent link: https://www.econbiz.de/10010286981
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 …
Persistent link: https://www.econbiz.de/10004976665
We run experiments with a stag hunt and bargaining coordination game. Using a between-subjects design, we vary the … stereotypes to predict behaviour, especially in the bargaining game which may require more strategic thought than the stag hunt …
Persistent link: https://www.econbiz.de/10011269600
division can only be agreed upon after the coalition has formed (two-stage bargaining); second, negotiations in the coalition ….These results are robust to the details of the bargaining procedure.Surprisingly, having a two-stage process (rather than a one …
Persistent link: https://www.econbiz.de/10011092140
This paper studies an allocation procedure for coalitional games with veto players. The procedure is similar to the one presented by Dagan et al. (1997) for bankruptcy problems. According to it, a player, the proposer, makes a proposal that the remaining players must accept or reject, and con...
Persistent link: https://www.econbiz.de/10011145668
Two principals simultaneously appoint one agent each and decide how much power to give to their agents. The agents' task is to bargain over the provision of a public good. Power here means the right to decide the own side's provision if negotiations break down. In equilibrium the principals...
Persistent link: https://www.econbiz.de/10005771176