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In the present work, agreement on allocation of payments from multiple issues requires unanimous consent of all parties involved. The agents are assumed to know the aggregate payoffs but do not know their decomposition by issues. This framework applies to many real-world problems, such as the...
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. In the spirit of the Nash Bargaining Solution, our concept is founded on the predicted outcomes of simultaneous, two …-solution exists and is unique. It belongs to the bargaining set and to the core whenever the latter is not empty. In fact, when the … selection of the bargaining set. Finally, we discuss how theR-solution changes important conclusions of several well known …
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This paper illustrates a methodology for analyzing bargaining games on network markets, by means of numerical models … relative bargaining power. Therefore, expected costs and benefits, at the aggregate as well as at the individual level, can be …
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, we use a negotiation game and the Nash bargaining solution as equilibrium. On the one hand, we remark that the argument …
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We extend Rochfords (1983) notion of symmetrically pairwise-bargained equilibrium to assignment games with more than two sides. A symmetrically multilateral-bargained (SMB) allocation is a core allocation such that any agent is in equilibrium with respect to a negotiation process among all...
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Theory -- Decision Theory -- Basic Concepts -- Multistage Game -- Repeated Games -- Incomplete Information -- Problems -- Methodology -- Industrial Economics Application Examples -- Public Finance Application Examples -- Military Application Examples -- Miscellaneous Application Examples.
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