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Fairness, Efficiency, and the Nash Bargaining Solution
, 2011
"... 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. In the 2person bargaining problem, the Nash solution is the unique scaleinvariant solution satisfying th ..."
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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. In the 2person bargaining problem, the Nash solution is the unique scaleinvariant solution satisfying
ORIGINAL PAPER An axiomatization of the Nash bargaining solution
"... Domination ’ characterize the Nash bargaining solution on the class of twoplayer bargaining problems and on the class of smooth bargaining problems. I propose an example to show that these two axioms do not characterize the Nash bargaining solution on the class of bargaining problems with more than ..."
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Domination ’ characterize the Nash bargaining solution on the class of twoplayer bargaining problems and on the class of smooth bargaining problems. I propose an example to show that these two axioms do not characterize the Nash bargaining solution on the class of bargaining problems with more
A New Simplified Derivation of Nash Bargaining Solution
, 2008
"... In the 1950s, the Nobel Prize winner John F. Nash has shown that under certain conditions, the best solution to the bargaining problem is when the product of the (increase in) utilities is the largest. Nash's derivation assumed that we are looking for strategies that assign a single situation t ..."
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In the 1950s, the Nobel Prize winner John F. Nash has shown that under certain conditions, the best solution to the bargaining problem is when the product of the (increase in) utilities is the largest. Nash's derivation assumed that we are looking for strategies that assign a single situation
Noncooperative Support for the Asymmetric Nash Bargaining Solution
, 2010
"... We study a model of non–cooperative multilateral unanimity bargaining on a full– dimensional payoff set. The probability distribution with which the proposing player is selected in each bargaining round follows an irreducible Markov process. If a proposal is rejected, negotiations break down with an ..."
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with an exogenous probability and the next round starts with the complementary probability. As the risk of exogenous breakdown vanishes, stationary subgame perfect equilibrium payoffs converge to the weighted Nash bargaining solution with the stationary distribution of the Markov process as the weight vector.
Generalized Nash Bargaining Solution for bandwidth allocation
, 2006
"... For over a decade, the Nash Bargaining Solution (NBS) concept from cooperative game theory has been used in networks to share resources fairly. Due to its many appealing properties, it has recently been used for assigning bandwidth in a general topology network between applications that have linear ..."
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Cited by 15 (5 self)
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For over a decade, the Nash Bargaining Solution (NBS) concept from cooperative game theory has been used in networks to share resources fairly. Due to its many appealing properties, it has recently been used for assigning bandwidth in a general topology network between applications that have linear
Noncooperative Support for the Asymmetric Nash Bargaining Solution
, 2009
"... Research (NWO) for financial support. Our work contributes to the gametheoretic analysis of bargaining by providing additional noncooperative support to the wellknown Nash bargaining solution. In particular, in the present paper we study a model of noncooperative multilateral bargaining with a v ..."
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Cited by 4 (1 self)
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Research (NWO) for financial support. Our work contributes to the gametheoretic analysis of bargaining by providing additional noncooperative support to the wellknown Nash bargaining solution. In particular, in the present paper we study a model of noncooperative multilateral bargaining with a
On Bargaining Problems Admitting a Unique Nash Bargaining Solution
, 2008
"... We completely characterize a class of bargaining problems allowing for nonconvexity, on which three of Nash axioms uniquely characterize the Nash bargaining solution up to specifications of bargaining powers. We show that this class includes noconvex bargaining problems arising from duopolies with ..."
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We completely characterize a class of bargaining problems allowing for nonconvexity, on which three of Nash axioms uniquely characterize the Nash bargaining solution up to specifications of bargaining powers. We show that this class includes noconvex bargaining problems arising from duopolies
A Logical Model of Nash Bargaining Solution
"... This paper presents a logical extension of Nash’s Cooperative Bargaining Theory. We introduce a concept of entrenchment measurement, which maps propositions to real numbers, as a vehicle to represent agent’s belief states and attitudes towards bargaining situations. We show that Nash’s bargaining so ..."
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solution can be restated in terms of bargainers belief states. Negotiable items, bargaining outcomes and conflicting arguments can then be explicitly expressed in propositional logic meanwhile Nash’s numerical solution to bargaining problem is still applicable. 1
Results 11  20
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