On the asymptotic uniqueness of bargaining equilibria
This note reexamines the connection between the asymmetric Nash bargaining solution and the equilibria of strategic bargaining games. A first example shows non-convergence to the asymmetric Nash bargaining solution. A second example demonstrates the possibility of multiple limits.
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- Hannu Vartiainen & Klaus Kultti, 2007.
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- Klaus Kultti & Hannu Vartiainen, 2010. "Multilateral non-cooperative bargaining in a general utility space," International Journal of Game Theory, Springer;Game Theory Society, vol. 39(4), pages 677-689, October.
- Britz Volker & Herings P. Jean-Jacques & Predtetchinski Arkadi, 2008.
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- Britz, Volker & Herings, P. Jean-Jacques & Predtetchinski, Arkadi, 2010. "Non-cooperative support for the asymmetric Nash bargaining solution," Journal of Economic Theory, Elsevier, vol. 145(5), pages 1951-1967, September.
- Seok-ju Cho & John Duggan, 2001.
"Uniqueness of Stationary Equilibria in a one-Dimensional Model of Bargaining,"
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- Cho, Seok-ju & Duggan, John, 2003. "Uniqueness of stationary equilibria in a one-dimensional model of bargaining," Journal of Economic Theory, Elsevier, vol. 113(1), pages 118-130, November.
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- Kultti, Klaus & Vartiainen, Hannu, 2007. "Von Neumann-Morgenstern stable sets, discounting, and Nash bargaining," Journal of Economic Theory, Elsevier, vol. 137(1), pages 721-728, November.
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- Ken Binmore & Ariel Rubinstein & Asher Wolinsky, 1986. "The Nash Bargaining Solution in Economic Modelling," RAND Journal of Economics, The RAND Corporation, vol. 17(2), pages 176-188, Summer.
- Predtetchinski, Arkadi, 2007. "One-dimensional bargaining with a general voting rule," Research Memorandum 045, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
- Predtetchinski, Arkadi, 2011. "One-dimensional bargaining," Games and Economic Behavior, Elsevier, vol. 72(2), pages 526-543, June.
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