Claus-Jochen Haake () (Institute of Mathematical Economics, Bielefeld University)
Abstract
We discuss two support results for the Kalai-Smorodinsky bargaining solution in the context of an object division problem involving two agents. Allocations of objects resulting from strategic interaction are obtained as a demand vector in a specific market. For the first support result games in strategic form are derived that exhibit a unique Nash equilibrium. The second result uses subgame perfect equilibria of a game in extensive form. Although there may be multiple equilibria, coordination problems can be removed.
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Publisher Info
Paper provided by Bielefeld University, Institute of Mathematical Economics in its series Working Papers with number
366.
Find related papers by JEL classification: C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory D40 - Microeconomics - - Market Structure and Pricing - - - General
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