IDEAS home Printed from https://ideas.repec.org/a/wsi/igtrxx/v04y2002i03ns0219198902000707.html
   My bibliography  Save this article

Refinements Of Nash Equilibria In View Of Jealous Or Friendly Behavior Of Players

Author

Listed:
  • AGNIESZKA RUSINOWSKA

    (Department of Philosophy, Tilburg University, P.O. Box 90153, 5000 LE Tilburg, The Netherlands;
    Warsaw School of Economics, Institute of Econometrics, Al. Niepodleglosci 162, 02-554 Warsaw, Poland)

Abstract

In this paper, several bargaining models, differing in some assumptions from each other, are analyzed. We consider a discrete case and a continuous case. In the former model, players bargain over a division ofnobjects. In the latter, parties divide one unit of infinitely divisible good. We start with an analysis of the one-round model, and then we consider a model in which players can continue to bargain. For each model, simultaneous moves as well as alternating offers of players are considered. The assumption that each player receives no more than his/her opponent proposes giving to him/her is the common assumption for all cases analyzed. Moreover, we adopt some assumptions concerning players' attitudes towards their opponents' payments, assuming that players can be either jealous or friendly. In view of the jealousy or friendliness of players, Nash equilibrium and subgame perfect equilibrium are described.

Suggested Citation

  • Agnieszka Rusinowska, 2002. "Refinements Of Nash Equilibria In View Of Jealous Or Friendly Behavior Of Players," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 4(03), pages 281-299.
  • Handle: RePEc:wsi:igtrxx:v:04:y:2002:i:03:n:s0219198902000707
    DOI: 10.1142/S0219198902000707
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S0219198902000707
    Download Restriction: Access to full text is restricted to subscribers

    File URL: https://libkey.io/10.1142/S0219198902000707?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. G. De Marco & J. Morgan, 2008. "Slightly Altruistic Equilibria," Journal of Optimization Theory and Applications, Springer, vol. 137(2), pages 347-362, May.
    2. Ohnishi, Kazuhiro, 2018. "Non-Altruistic Equilibria," MPRA Paper 88347, University Library of Munich, Germany.
    3. Giuseppe De Marco & Jacqueline Morgan, 2007. "Social Networks: Equilibrium Selection and Friendliness," CSEF Working Papers 198, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.

    More about this item

    Keywords

    Bargaining model; Nash equilibrium; exact potential game; subgame perfect equilibrium;
    All these keywords.

    JEL classification:

    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology
    • C0 - Mathematical and Quantitative Methods - - General
    • C6 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling
    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
    • D5 - Microeconomics - - General Equilibrium and Disequilibrium
    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:igtrxx:v:04:y:2002:i:03:n:s0219198902000707. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/igtr/igtr.shtml .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.