Results 11 to 20 of about 235,291 (244)
Nash bargaining with downward rigid wages [PDF]
We study the effect of downward wage rigidity in a dynamic model when wages are negotiated according to Nash bargaining. Downward rigidity causes a decrease in the worker’s expected utility. For the firms the effect is ambiguous.
Cabrales, Antonio, Hopenhayn, Hugo
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Secret contracting and Nash-in-Nash bargaining
In take-it-or-leave-it vertical contracting, an equilibrium with passive beliefs may fail to exist. We argue that this problem can be alleviated by tackling the contracting stage of the game through a cooperative approach. The outcome of the take-it-or-leave-it game then coincides with the limit of the cooperative solution when the bargaining power of ...
Bacchiega, Emanuele, Bonroy, Olivier
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On the Nash bargaining solution with noise [PDF]
Suppose two parties have to share a surplus of random size.Each of the two can either commit to a demand prior to the realization of the surplus - as in the Nash demand game with noise - or remain silent and wait until the surplus was publicly observed.Adding the strategy to wait to the noisy Nash demand game results in two strict equilibria, in each ...
Güth, W. +2 more
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A characterization of the Nash bargaining solution [PDF]
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Nir Dagan, Oscar Volij, Eyal Winter
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'Nash-in-Nash' Bargaining: A Microfoundation for Applied Work [PDF]
A \Nash equilibrium in Nash bargains" has become the workhorse bargaining model in applied analyses of bilateral oligopoly. This paper proposes a non-cooperative foundation for \Nash-in-Nash" bargaining that extends the Rubinstein (1982) model to multiple upstream and downstream rms.
Allan Collard-Wexler +2 more
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Beyond Nash Bargaining Theory: The Nash Set [PDF]
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Serrano, Roberto, Shimomura, Ken-Ichi
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Suppose a new energy vehicle (NEV) manufacturer-retailer system where the wholesale price and the order quantity are determined through a negotiation procedure.
Shifeng Han, Yijie Cheng
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The Nash Bargaining Solution is Nash Implementable [PDF]
Some authors present models in which they show that the Nash bargaining solution fails to be Maskin monotonic and hence cannot be implemented in Nash equilibrium. We find this results misleading and discuss how implementability of the Nash bargaining solution can be discussed in utility space.
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Monotone bargaining is Nash-solvable [PDF]
Given two finite ordered sets $A = \{a_1, \ldots, a_m\}$ and $B = \{b_1, \ldots, b_n\}$, introduce the set of $m n$ outcomes of the game $O = \{(a, b) \mid a \in A, b \in B\} = \{(a_i, b_j) \mid i \in I = \{1, \ldots, m\}, j \in J = \{1, \ldots, n\}$. Two players, Alice and Bob, have the sets of strategies $X$ and $Y$ that consist of all monotone non ...
Vladimir Gurvich, Gleb A. Koshevoy
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A Day-Ahead Nash Bargaining Method for Economic Dispatch of the Multi-operator Micro-grid
In the deregulated electricity market environment, the power trading can be carried out among the operators in the micro-grids. In this paper, we take the cost of individual transactions between operators in a micro-grid and power distribution network as
Ming WU +3 more
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