Non-cooperative games with chained confirmed proposals
We propose a bargaining process with alternating proposals as a way of solving non-cooperative games, giving rise to Pareto efficient agreements which will, in general, differ from the Nash equilibrium of the constituent games.
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| Date of creation: | Jan 2010 |
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| Handle: | RePEc:ler:wpaper:10.02.308 |
| Contact details of provider: | Postal: manufacture des Tabacs, 21 allée de brienne, 31200 Toulouse Phone: (+33) 5 61 12 86 23 Web page: http://www.toulouse.inra.fr/lerna/ More information through EDIRC
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References listed on IDEAS
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- Smale, Steve, 1980. "The Prisoner's Dilemma and Dynamical Systems Associated to Non-Cooperative Games," Econometrica, Econometric Society, vol. 48(7), pages 1617-34, November.
- John Sutton, 1986. "Non-Cooperative Bargaining Theory: An Introduction," Review of Economic Studies, Oxford University Press, vol. 53(5), pages 709-724.
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- J. Ochs & Alvin E. Roth, 1998.
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- Nash, John, 1953. "Two-Person Cooperative Games," Econometrica, Econometric Society, vol. 21(1), pages 128-140, April.
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- Sutton, John, 1987. "Bargaining experiments," European Economic Review, Elsevier, vol. 31(1-2), pages 272-284.
- Muthoo, Abhinay, 1991. "A Note on Bargaining over a Finite Number of Feasible Agreements," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 1(3), pages 290-92, July.
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