Bargaining and the theory of cooperative games: John Nash and beyond
AbstractThis essay surveys the literature on the axiomatic model of bargaining formulated by Nash ("The Bargaining Problem," Econometrica 28, 1950, 155-162).
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Bibliographic InfoPaper provided by University of Rochester - Center for Economic Research (RCER) in its series RCER Working Papers with number 554.
Length: 60 pages
Date of creation: Sep 2009
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Postal: University of Rochester, Center for Economic Research, Department of Economics, Harkness 231 Rochester, New York 14627 U.S.A.
Nash's bargaining model; Nash solution; Kalai-Smorodinsky solution; Egalitarian solution;
Find related papers by JEL classification:
- D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
- D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
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- Craig Webb, 2013. "Bargaining with subjective mixtures," Economic Theory, Springer, vol. 52(1), pages 15-39, January.
- Maria Gallego & David Scoones, 2011. "Intergovernmental negotiation, willingness to compromise, and voter preference reversals," Social Choice and Welfare, Springer, vol. 36(3), pages 591-610, April.
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