Showing 1 - 10 of 695,097
We consider a standard coalitional bargaining game where once a coalition forms it exits as in Okada (2011), however … bargaining solution is the unique stationary subgameperfect equilibrium. …
Persistent link: https://www.econbiz.de/10011296159
The Nash program is an important research agenda initiated in Nash (Econometrica 21:128-140, 1953) in order to bridge the gap between the noncooperative and cooperative counterparts of game theory. The program is thus turning sixty-seven years old, but I will argue it is not ready for...
Persistent link: https://www.econbiz.de/10012503895
This article provides an exact non-cooperative foundation of the sequential Raiffa solution for two person bargaining … games. Based on an approximate foundation due to Myerson (1997) for any two-person bargaining game (S,d) an extensive form …
Persistent link: https://www.econbiz.de/10010272572
approaches to coalition formation, one based on cooperative game theory, the other based on noncooperative bargaining. Three …
Persistent link: https://www.econbiz.de/10014025454
the overlapping case. We propose a cover function bargaining game which allows the formation of overlapping coalitions at … ; Cover Function ; Bargaining ; Symmetric Game ; Network …
Persistent link: https://www.econbiz.de/10008737140
Bargaining Solution. For strictly supermodular games, Core is a binding constraint on Nash Bargaining Solution while for the …A new feature pertaining to proposer's ability to implement offers is introduced in the extensive form bargaining … equilibrium in pure stationary strategies whose limiting outcome as players get more patient is the core-constrained Nash …
Persistent link: https://www.econbiz.de/10012963352
This paper studies an allocation procedure for coalitional games with veto players. The procedure is similar to the one presented by Arin and Feltkamp (2007), which is based on Dagan et al. (1997). A distinguished player makes a proposal that the remaining players must accept or reject, and...
Persistent link: https://www.econbiz.de/10013036720
We experimentally investigate multiple notions of equity in ultimatum bargaining with asymmetric outside options …
Persistent link: https://www.econbiz.de/10010191262
the overlapping case. We propose a cover function bargaining game which allows the formation of overlapping coalitions at …
Persistent link: https://www.econbiz.de/10014190389
We experimentally investigate the relevance of (asymmetric) outside options in ultimatum bargaining. Building on the …
Persistent link: https://www.econbiz.de/10010338950