Results 71 to 80 of about 235,291 (244)
Fairness, Efficiency, and the Nash Bargaining Solution [PDF]
A bargaining solution balances fairness and efficiency if each player's payoff lies between the minimum and maximum of the payoffs assigned to him by the egalitarian and utilitarian solutions.
Rachmilevitch, Shiran
core
Collective Bargaining in Germany: Trends and Challenges
Industrial Relations: A Journal of Economy and Society, EarlyView.ABSTRACT This paper examines the evolution, institutional structure, and challenges of collective bargaining in Germany. Collective bargaining addresses labor market imperfections, redistributes productivity gains, and shapes working conditions. Germany's system centers on industry‐level agreements, complemented by firm‐level agreements and voluntary ...
Lutz Bellmann +2 more
wiley +1 more source
Nash Bargaining Over Margin Loans to Kelly Gamblers
Risks, 2019 I derive practical formulas for optimal arrangements between sophisticated stock market investors (continuous-time Kelly gamblers or, more generally, CRRA investors) and the brokers who lend them cash for leveraged bets on a high Sharpe asset (i.e., the ...
Alex Garivaltis
doaj +1 more source
Non-cooperative Support for the Asymmetric Nash Bargaining solution [PDF]
Our work contributes to the game-theoretic analysis of bargaining by providing additional non-cooperative support to the well-known Nash bargaining solution.
Herings, P. Jean-Jacques +2 more
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A distributed algorithm for wireless resource allocation using coalitions and the Nash bargaining solution [PDF]
, 2011 In this paper a distributed, low-complexity, fast and fair resource allocation algorithm for a multiuser, wireless LTE OFDMA channel is proposed. Based on the game theoretic concept of the Nash Bargaining Solution and by grouping users into coalitions of
Vatsikas, S +3 more
core +1 more source
Industrial Relations Journal, EarlyView.ABSTRACT Official discourse suggests that 12% of Britain's workforce engages in precarious work where non‐compliance is concentrated. Research reported here suggests this provides a partial picture and that, in specific sectors, non‐compliant employers, organized crime groups and criminalized employment are ceded by the state, where many ...
Ian Clark +3 more
wiley +1 more source
Nash bargained consumption decisions: a revealed preference analysis. [PDF]
We present a revealed preference analysis of the testable implications of the Nash bargaining solution. Our specific focus is on a two-player game involving consumption decisions.
Cherchye, Laurens +2 more
core +2 more sources
Proportional Nash solutions - A new and procedural analysis of nonconvex bargaining problems [PDF]
This paper studies the Nash solution to nonconvex bargaining problems. The Nash solution in such a context is typically multi-valued. We introduce a procedure to exclude some options recommended by the Nash solution. The procedure is based on the idea of
Yoshihara, Naoki, Xu, Yongsheng
core
Policy Biases in a Model with Labor‐Market Frictions
Journal of Money, Credit and Banking, EarlyView.Abstract We develop a model with labor‐market matching frictions that is subject to a range of shocks, including shocks to matching efficiency and bargaining power, and use the model to examine how monetary policy should respond to such shocks. We show that optimal monetary policy responds effectively to these shocks, producing economic outcomes that ...
RICHARD DENNIS, TATIANA KIRSANOVA
wiley +1 more source
Make or Buy Decisions and Data Sharing
The Journal of Industrial Economics, EarlyView.ABSTRACT Firms can share data to discover potential synergies between their data sets and algorithms, eventually leading to more efficient mergers and acquisitions (M&A) decisions. However, data sharing also modifies the competitive balance when firms do not merge, and a company may be reluctant to share data with potential rivals.
Antoine Dubus, Patrick Legros
wiley +1 more source