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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
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
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
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
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. (Copyright: Fundación SEPI)
Persistent link: https://www.econbiz.de/10005813655
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
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
The application of Nash bargaining solution to profit division in negotiation between opencast lignite mine and power … (optimization of ultimate pit) creates a real threat to cooperation between both sides of BM. The full confidence in joint profit … positions and avoiding potential threats. But eventually from negotiating sides it depends if they will choose the cooperation …
Persistent link: https://www.econbiz.de/10005260247
joint profits of BM should be chosen and in the second one, during bargaining, the split of profit ought to be decided … Nash bargaining solution has been proposed as a tool for equitable split of profit in BM due to its rational conditions …
Persistent link: https://www.econbiz.de/10005621826