Title: On the Nash Program for the Nash Bargaining Solution
Abstract:The present paper provides three dierent supporting results for the Nash bargaining solution of n-person bargaining games. First, for any bargaining game there is dened a non-cooperative game in strat...The present paper provides three dierent supporting results for the Nash bargaining solution of n-person bargaining games. First, for any bargaining game there is dened a non-cooperative game in strategic form, whose unique Nash equilibrium induces a payo vector that coincides with the Nash solution of the bargaining game. Next this game is modied in such a way that the unique Nash equilibrium that supports the Nash solution is even in dominant strategies. After that an nstage game in extensive form is presented whose unique subgame perfect equilibrium supports the Nash solution of the bargaining game. Finally, the support results are shown to induce implementation results in the sense of mechanism theory.Read More
Publication Year: 1999
Publication Date: 1999-03-01
Language: en
Type: preprint
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Cited By Count: 3
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