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Nash Implementation of the Nash Bargaining Solution by a Natural Mechanism

Authors: Jörg Naeve;

Nash Implementation of the Nash Bargaining Solution by a Natural Mechanism

Abstract

We provide natural mechanisms for the Nash implementation of the Nash bargaining solution if the set of possible payoff allocations is unknown to the planner. The need for two different mechanisms arises, because the case of three or more agents and that of two require separate treatment. Agents' messages in our mechanisms consist just of a set of payoff allocations compatible with the status quo point, which is assumed to be known to the planner. Indeed, the message spaces can be further reduced, to consist just of pairs of a strictly individually rational payoff allocation and a binary signal.

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
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