Implementation of Nash bargaining solutions with non-convexity
| Autor: | Adam Chi Leung Wong, Guofu Tan, Cheng-Zhong Qin |
|---|---|
| Rok vydání: | 2019 |
| Předmět: |
TheoryofComputation_MISCELLANEOUS
Computer Science::Computer Science and Game Theory Economics and Econometrics Bargaining problem Sequential game 05 social sciences Stochastic game TheoryofComputation_GENERAL Subgame perfect equilibrium Computer Science::Multiagent Systems Product (mathematics) 0502 economics and business Non-convexity Economics 050207 economics Mathematical economics Finance 050205 econometrics Nash solution |
| Zdroj: | Economics Letters. 178:46-49 |
| ISSN: | 0165-1765 |
| Popis: | Nash solutions for two-player bargaining problems with non-convexity are shown to be dictatorial selections of Nash product maximizers in recent literature. In this paper we show that these solutions are implementable as unique subgame perfect equilibrium payoff allocations of a sequential game. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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