Nash Bargaining Versus Market Outcomes

descriptionPublicationkeyboard_double_arrow_right Article , Other literature type , Preprint 01 Jan 2002 English Publisher:Elsevier BVJournal:SSRN Electronic Journal (eissn: 1556-5068,

Copyright policy )

Authors: Nirvikar Singh;

doi: 10.2139/ssrn.330700

Nash Bargaining Versus Market Outcomes

- Summary
- Subjects
- Metrics

Abstract

This paper compares the Nash Bargaining Solution and market outcomes in a simple n person exchange economy. It shows how the two outcomes differ with respect to responsiveness of equilibrium to differences in the curvature of the utility function, in endowments, and in market positions.

Related Organizations

University of California, Santa Cruz
United States

Keywords

jel: jel:C78

Impact byBIP!

	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).	0
	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.	Average
	influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).	Average
	impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.	Average