Implementation of Nash bargaining solutions with non-convexity

被引：4

作者：

Qin, Cheng-Zhong ^{[1
]}

Tan, Guofu ^{[2
]}

Wong, Adam Chi Leung ^{[3
]}

机构：

[1] Univ Calif Santa Barbara, Dept Econ, Santa Barbara, CA 93106 USA

[2] Univ Southern Calif, Dept Econ, Los Angeles, CA 90089 USA

[3] Lingnan Univ, Dept Econ, Tuen Mun, 8 Castle Peak Rd, Hong Kong, Peoples R China

来源：

ECONOMICS LETTERS | 2019年 / 178卷

关键词：

Bargaining problem; Non-convexity; Nash solution; Implementation;

D O I：

10.1016/j.econlet.2019.02.016

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Nash solutions for two-player bargaining problems with non-convexity are shown to be dictatorial selections of Nash product maximizers in recent literature. In this paper we show that these solutions are implementable as unique subgame perfect equilibrium payoff allocations of a sequential game. (C) 2019 Elsevier B.V. All rights reserved.

引用

页码：46 / 49

页数：4

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