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Two game theoretic solution theories, the M1 (i) bargaining set and the M1 (im) modified bargaining set, were tested competitively in six three-person games with side-payments. Subjects were 90 males who participated in 30 bargaining groups. Results showed that M1 (im) is significantly and...
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This article reports an experimental test of the M1 (im) Cooperative and M1 (im) Shapley bargaining set solutions in 3-person superadditive, sidepayment games with nonempty core. The results indicate that, on an overall basis, M1 (im) Cooperative has greater predictive accuracy than does M1 (im)...
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