The kernel, the bargaining set and the reduced game
โ Scribed by C. Chang; C. Y. Kan
- Publisher
- Springer-Verlag
- Year
- 1992
- Tongue
- English
- Weight
- 329 KB
- Volume
- 21
- Category
- Article
- ISSN
- 0020-7276
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
n-person (n -1)-quota-games where the quotas are positive for certain n -1 (strong) players and negative for the remaining (weak) player, are discussed. Normative solutions predicted by the Core,the Kernel, the Bargaining Set, the Competitive Bargaining Set, and by the Shapley Value are presented an
We analyze a simple arbitration procedure which is a multi-stage variant of Nash's demand game. In the absence of discounting, all Nash equilibria of the game yield the egalitarian solution in the first stage. The crucial feature of our arbitration procedure is that, in the case of incompatible dema