The pure bargaining problem among coalitions

The pure bargaining problem among coalitions

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Article ID: iaor19971492
Country: Singapore
Volume: 12
Issue: 1
Start Page Number: 1
End Page Number: 15
Publication Date: May 1995
Journal: Asia-Pacific Journal of Operational Research
Authors:
Keywords: Nash theory and methods
Abstract:

The well-known Nash’s pure bargaining problem is generalized so that the bargaining units in the problem can be several coalitions. For the generalized model, the paper gives a series of axioms similar to those of Nash’s to lay on a solution mapping, and the interpretaions of the solution such as ‘utility-product’ maximizer and the principle of equivalence. This generalization is important to the problems concerning the fair division with a coalition structure and is theoretically useful for the cooperative games.

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