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The Nash- and Kalai-Smorodinsky Bargaining Solution for Decision Weight Utility Functions

Author

Listed:
  • Harold Houba

    (Free University Amsterdam)

  • Xander Tieman

    (Free University)

  • Rene Brinksma

    (Free University)

Abstract

This note gives explicit formulas for the non-expected utility Nash- as well as the Kalai-Smorodinsky bargaining solution.

Suggested Citation

  • Harold Houba & Xander Tieman & Rene Brinksma, 1996. "The Nash- and Kalai-Smorodinsky Bargaining Solution for Decision Weight Utility Functions," Game Theory and Information 9611001, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpga:9611001
    Note: Type of Document - Tex; prepared on IBM PC ; to print on HP;
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    References listed on IDEAS

    as
    1. Nash, John, 1953. "Two-Person Cooperative Games," Econometrica, Econometric Society, vol. 21(1), pages 128-140, April.
    2. Gul, Faruk, 1991. "A Theory of Disappointment Aversion," Econometrica, Econometric Society, vol. 59(3), pages 667-686, May.
    3. Kalai, Ehud & Smorodinsky, Meir, 1975. "Other Solutions to Nash's Bargaining Problem," Econometrica, Econometric Society, vol. 43(3), pages 513-518, May.
    4. Rubinstein, Ariel & Safra, Zvi & Thomson, William, 1992. "On the Interpretation of the Nash Bargaining Solution and Its Extension to Non-expected Utility Preferences," Econometrica, Econometric Society, vol. 60(5), pages 1171-1186, September.
    5. Nash, John, 1950. "The Bargaining Problem," Econometrica, Econometric Society, vol. 18(2), pages 155-162, April.
    6. Martin J. Osborne & Ariel Rubinstein, 2005. "Bargaining and Markets," Levine's Bibliography 666156000000000515, UCLA Department of Economics.
    7. Tversky, Amos & Wakker, Peter, 1995. "Risk Attitudes and Decision Weights," Econometrica, Econometric Society, vol. 63(6), pages 1255-1280, November.
    Full references (including those not matched with items on IDEAS)

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    Keywords

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    JEL classification:

    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory

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