Monotonicity with Respect to the Disagreement Point and Risk Sensitivity of a New Solution to Nash Bargaining Problems
We propose a solution to the bargaining problem which responds appropriately to certain changes in the disagreement point, for a fixed feasible set. If di increases, while for j=/i, dj remains constant, our solution recommends an increase in agent i’s payoff, in agreement with intention. We also show that an increase in risk aversion is to the player’s own advantage and to the disadvantage of the opponent in the two person case; to the disadvantage of all opponents in the multi-person generalization.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
|Date of creation:|
|Contact details of provider:|| Phone: 91 79 2630 7241|
Fax: 91 79 2630 6896
Web page: http://www.iimahd.ernet.in/publications
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:iim:iimawp:wp00851. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If references are entirely missing, you can add them using this form.