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Research . 2011
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Publications at Bielefeld University
Research . 2011
License: "In Copyright" Rights Statement
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Research . 2011
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Inner Core, Asymmetric Nash Bargaining Solutions and Competitive Payoffs

Authors: Brangewitz, Sonja; Gamp, Jan-Philip;

Inner Core, Asymmetric Nash Bargaining Solutions and Competitive Payoffs

Abstract

We investigate the relationship between the inner core and asymmetric Nash bargaining solutions for n-person bargaining games with complete information. We show that the set of asymmetric Nash bargaining solutions for different strictly positive vectors of weights coincides with the inner core if all points in the underlying bargaining set are strictly positive. Furthermore, we prove that every bargaining game is a market game. By using the results of Qin (1993) we conclude that for every possible vector of weights of the asymmetric Nash bargaining solution there exists an economy that has this asymmetric Nash bargaining solution as its unique competitive payoff vector. We relate the literature of Trockel (1996, 2005) with the ideas of Qin (1993). Our result can be seen as a market foundation for every asymmetric Nash bargaining solution in analogy to the results on non-cooperative foundations of cooperative games.

Country
Germany
Related Organizations
Keywords

Marktmechanismus, ddc:330, Inner Core, Nash-Gleichgewicht, 300, C71, D51, Market Games, Wettbewerb, Core, Verhandlungstheorie, Theorie, Competitive Payoffs, C78, Asymmetric Nash Bargaining Solution

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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
Green