A Decent Proposal
In this paper we explore the notion that players are decent, in the sensethat their choices are bound by certain unwritten social rules. We apply thisidea to two cases: bankruptcy and bargaining in exchange economies. Wecharacterize the results that are generated by such a behavior in the cases ofbankruptcy and in two person bargaining in exchange economies.
|Date of creation:||Dec 1995|
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|Publication status:||Published by Ivie|
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