Results 201 to 210 of about 50,466 (234)
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1992
Any book on axiomatic bargaining game theory should start with Nash’s 1950 article and with the Nash bargaining solution, and so will this one. Without any doubt the Nash bargaining solution is the most well-known and popular solution concept in bargaining — in the theoretical literature as well as in applied and empirical work.
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Any book on axiomatic bargaining game theory should start with Nash’s 1950 article and with the Nash bargaining solution, and so will this one. Without any doubt the Nash bargaining solution is the most well-known and popular solution concept in bargaining — in the theoretical literature as well as in applied and empirical work.
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Nash's Bargaining Formula Revisited
Mathematical Economics Letters, 2014AbstractThe note consists of showing the marginal rates of substitution (MRS) explicitly in Nash's product formula and contract curve given by the Jacobian determinant, which otherwise are contained therein only implicitly. Two simple examples from duopoly and bilateral monopoly are used to show the MRS's explicitly in the mathematical structure of the
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SSRN Electronic Journal, 2019
This paper proposes the Nash program on the theory of bargaining as a common ground for the integration of “value capture” and “stakeholders” theories of strategy into a unified framework. We argue that neither the theories of strategy nor the Nash program, sufficiently acknowledge the relevance of transaction costs in the implementation of the ...
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This paper proposes the Nash program on the theory of bargaining as a common ground for the integration of “value capture” and “stakeholders” theories of strategy into a unified framework. We argue that neither the theories of strategy nor the Nash program, sufficiently acknowledge the relevance of transaction costs in the implementation of the ...
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Nash's Inefficient Bargaining Theory
SSRN Electronic Journal, 2015This paper proves that Nash’s exchange theory leads to inefficiency. Instead of coming to a vertex, the exchange leads to polarization. This paper questions Nash’s method of exchange and suspects that his theory is not about bargaining.
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Nash's Unfair Bargaining Theory
SSRN Electronic Journal, 2015Nash (1950) proposes a bargaining theory. This paper proves that Nash’s theory leads to unfair result. The reason for the wrong conclusion is his use of utility. This paper then recommends the old Jewish method described in Talmud for fairer solution.
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AbstractThe following sections are included:Nontransferable Utility GamesZeuthen's SolutionNash Bargaining with Equal Bargaining PowerVariable-Threat BargainingNash Bargaining and Nash EquilibriumUnequal Bargaining PowerChapter ...
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Nash Bargaining Solutions of Multiparty Bargaining Problems
1987In multiparty systems situations often arise in which various coalitions could form and each potential coalition must decide on how the gains from their joint action should be shared. We view these situations as multilateral bargaining problems, take into account how players’ opportunities in other coalitions should affect their disagreement payoffs ...
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Nash-Bargained Household Decisions: A Rejoinder
International Economic Review, 1991This note is a rejoinder to Marjorie B. McElroy and Mary Jean Horney's (1990) reply. It discusses the scope of McElroy and Horney's previous results, and the possibility of estimating a Nash-bargained model from independent observation of threat points.
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