Sharing a Risky Cake
Consider an n-person Nash Bargaining problem where players bargain over the division of a cake whose size is stochastic. In such a game, the players are not only bargaining for more cake, but they are also sharing risk. This paper examines and provides the solution to this problem and highlights a few special cases.
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| Length: | 11 pages |
| Date of creation: | 02 Dec 2009 |
| Handle: | RePEc:cbt:econwp:09/20 |
| Contact details of provider: | Postal: Private Bag 4800, Christchurch, New Zealand Phone: 64 3 369 3123 (Administrator) Fax: 64 3 364 2635 Web page: http://www.econ.canterbury.ac.nz More information through EDIRC
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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Grant Scobie & Trinh Le & John Gibson, 2007. "Housing in the Household Portfolio and Implications for Retirement Saving: Some Initial Finding from SOFIE," Treasury Working Paper Series 07/04, New Zealand Treasury.
- Emmanuel De Veirman & Ashley Dunstan, 2008. "How do Housing Wealth, Financial Wealth and Consumption Interact? Evidence from New Zealand," Reserve Bank of New Zealand Discussion Paper Series DP2008/05, Reserve Bank of New Zealand.
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