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Author : Volker Britz.
Publisher :
ISBN 13 :
Total Pages : 21 pages
Book Rating : 4.:/5 (238 download)
Download or read book Non-cooperative Support for the Asymmetric Nash Bargaining Solution written by Volker Britz. and published by . This book was released on 2008 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Volker Britz.
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (297 download)
Download or read book Non-cooperative Support for the Asymmetric Nash Bargaining Solution written by Volker Britz. and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Sonja Brangewitz
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (837 download)
Download or read book Inner Core, Asymmetric Nash Bargaining Solutions and Competitive Payoffs written by Sonja Brangewitz and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: 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. -- Inner Core ; Asymmetric Nash Bargaining Solution ; Competitive Payoffs ; Market Games
Author : Kenneth George Binmore
Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.F/5 ( download)
Download or read book The Nash Bargaining Solution in Economic Modelling written by Kenneth George Binmore and published by . This book was released on 1985 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Carlo Carraro
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 47 pages
Book Rating : 4./5 ( download)
Download or read book Applications of Negotiation Theory to Water Issues written by Carlo Carraro and published by World Bank Publications. This book was released on 2005 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: The authors review the applications of noncooperative bargaining theory to water related issues-which fall in the category of formal models of negotiation. They aim to identify the conditions under which agreements are likely to emerge and their characteristics, to support policymakers in devising the " rules of the game " that could help obtain a desired result. Despite the fact that allocation of natural resources, especially trans-boundary allocation, has all the characteristics of a negotiation problem, there are not many applications of formal negotiation theory to the issue. Therefore, the authors first discuss the noncooperative bargaining models applied to water allocation problems found in the literature. Key findings include the important role noncooperative negotiations can play in cases where binding agreements cannot be signed; the value added of politically and socially acceptable compromises; and the need for a negotiated model that considers incomplete information over the negotiated resource.
Author : Akio Matsumoto
Publisher : Springer
ISBN 13 : 9811042144
Total Pages : 353 pages
Book Rating : 4.8/5 (11 download)
Download or read book Optimization and Dynamics with Their Applications written by Akio Matsumoto and published by Springer. This book was released on 2017-05-23 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a variety of advanced research papers in optimization and dynamics written by internationally recognized researchers in these fields. As an example of applying optimization in sport, it introduces a new method for finding the optimal bat sizes in baseball and softball. The book is divided into three parts: operations research, dynamics, and applications. The operations research section deals with the convergence of Newton-type iterations for solving nonlinear equations and optimum problems, the limiting properties of the Nash bargaining solution, the utilization of public goods, and optimizing lot sizes in the automobile industry. The topics in dynamics include special linear approximations of nonlinear systems, the dynamic behavior of industrial clusters, adaptive learning in oligopolies, periodicity in duopolies resulting from production constraints, and dynamic models of love affairs. The third part presents applications in the fields of reverse logistic network design for end-of-life wind turbines, fuzzy optimization of the structure of agricultural products, water resources management in the restoration plans for a lake and also in groundwater supplies. In addition it discusses applications in reliability engineering to find the optimal preventive replacement times of deteriorating equipment and using bargaining theory to determine the best maintenance contract. The diversity of the application areas clearly illustrates the usefulness of the theory and methodology of optimization and dynamics in solving practical problems.
Author : Allan Collard-Wexler
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (119 download)
Download or read book "Nash-in-Nash" Bargaining written by Allan Collard-Wexler and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A "Nash equilibrium in Nash bargains" has become a workhorse bargaining model in applied analyses of bilateral oligopoly. This paper proposes a non-cooperative foundation for "Nash-in-Nash" bargaining that extends the Rubinstein (1982) alternating offers model to multiple upstream and downstream firms. We provide conditions on firms' marginal contributions under which there exists, for sufficiently short time between offers, an equilibrium with agreement among all firms at prices arbitrarily close to "Nash-in-Nash prices"--i.e., each pair's Nash bargaining solution given agreement by all other pairs. Conditioning on equilibria without delayed agreement, limiting prices are unique. Unconditionally, they are unique under stronger assumptions.
Author : Volker Britz
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (798 download)
Download or read book On the Convergence to the Nash Bargaining Solution for Endogenous Bargaining Protocols written by Volker Britz and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Richard Stockton Higgins
Publisher :
ISBN 13 :
Total Pages : 26 pages
Book Rating : 4.:/5 (13 download)
Download or read book An Application of Nash Bargaining to Intellectual Property Negotiations written by Richard Stockton Higgins and published by . This book was released on 2015 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: In what follows we propose a solution to a hypothetical bargaining problem that is likely to arise when the owner of an invention, which is assumed to lower the marginal cost of production, negotiates a patent license with producers. We show that, under various assumptions about the downstream market structure, the solution that maximizes the Nash product in a specific market context need not require an even split of the available surplus. This conclusion about the equilibrium allocation of surplus is appropriate whether one adopts the original axiomatic treatment by Nash or the later dynamic non-cooperative bargaining model of Rubinstein and others. Initially, we describe the use of the Nash solution when there is a single patentee negotiating a license with a monopolist producer. We subsequently describe the more-recent Nash-in-Nash bargaining solution of Horn and Wolinsky, assuming there are two downstream rival producers with market power who independently negotiate a non-exclusive license with the patentee. Throughout, we pay particular attention to the complexities of defining disagreement payoffs, properly including attention to their credibility in the sense of Binmore.
Author : Dragana Makajić-Nikolić
Publisher : FON
ISBN 13 : 8680593648
Total Pages : 437 pages
Book Rating : 4.6/5 (85 download)
Download or read book XIII Balkan Conference on Operational Research Proceedings written by Dragana Makajić-Nikolić and published by FON. This book was released on 2018-06-10 with total page 437 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Ulrich U. Schmidt
Publisher : Springer Science & Business Media
ISBN 13 : 0387257063
Total Pages : 333 pages
Book Rating : 4.3/5 (872 download)
Download or read book Advances in Public Economics: Utility, Choice and Welfare written by Ulrich U. Schmidt and published by Springer Science & Business Media. This book was released on 2006-06-28 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Festschrift in honor ofChristian Seidl combines a group of prominent authors who are experts in areas like public economics, welfare economic, decision theory, and experimental economics in a unique volume. Christian Seidl who has edited together with Salvador Barber` a ` and Peter Hammond the Handbook of Utility Theory (appearing at Kluwer Academic Publishers/Springer Economics), has dedicated most of his research to utility and decision theory, social choice theory, welfare economics, and public economics. During the last decade, he has turned part of his attention to a research tool that is increasingly gaining in importance in economics: the laboratory experiment. This volume is an attempt to illuminate all facets of Christian Seidl’s ambitious research agenda by presenting a collection of both theoretical and expe- mental papers on Utility,Choice,andWelfare written by his closest friends, former students, and much valued colleagues. Christian Seidl was born on August 5, 1940, in Vienna, Austria. Beginning Winter term 1962/63, he studied Economics and Business Administration at the Vienna School of Economics (then “Hochschule fff ̈ ur ̈ Welthandel”). 1966 he was awarded an MBA by the Vienna School of Economics and 1969 a doctoral degree in Economics. In October 1968 Christian became a research assistant at the Institute of Economics at the University of Vienna. 1973 he acquired his habilitation (right to teach) in Economics — supervised by Wilhelm Weber — from the Department of Law and Economics of the University of Vienna. He was awarded the Dr.
Author : Murat R. Sertel
Publisher : Springer Science & Business Media
ISBN 13 : 3662056119
Total Pages : 454 pages
Book Rating : 4.6/5 (62 download)
Download or read book Advances in Economic Design written by Murat R. Sertel and published by Springer Science & Business Media. This book was released on 2013-04-17 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some of the finest and most recent research in economic and political design is presented. Among the authors are several prominent academics as well as many new and promising researchers. They investigate social choice and electoral systems, auctions, matching, bargaining, coalitional stability and efficiency, regulation, the design of rights, mechanisms, games, hierarchies and information. The book is bound to become a standard reference as a collection displaying where we are and where we are going in a broad spectrum of areas in economic design.
Author :
Publisher : ScholarlyEditions
ISBN 13 : 1464921075
Total Pages : 593 pages
Book Rating : 4.4/5 (649 download)
Download or read book Economics: Advances in Research and Application: 2011 Edition written by and published by ScholarlyEditions. This book was released on 2012-01-09 with total page 593 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics: Advances in Research and Application: 2011 Edition is a ScholarlyEditions™ eBook that delivers timely, authoritative, and comprehensive information about Economics and Organizations. The editors have built Economics: Advances in Research and Application: 2011 Edition on the vast information databases of ScholarlyNews.™ You can expect the information about Economics and Organizations in this eBook to be deeper than what you can access anywhere else, as well as consistently reliable, authoritative, informed, and relevant. The content of Economics: Advances in Research and Application: 2011 Edition has been produced by the world’s leading scientists, engineers, analysts, research institutions, and companies. All of the content is from peer-reviewed sources, and all of it is written, assembled, and edited by the editors at ScholarlyEditions™ and available exclusively from us. You now have a source you can cite with authority, confidence, and credibility. More information is available at http://www.ScholarlyEditions.com/.
Author :
Publisher :
ISBN 13 :
Total Pages : 60 pages
Book Rating : 4.:/5 (8 download)
Download or read book Policy Research Working Papers written by and published by . This book was released on 1991 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Rahmi İlkılıç
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (139 download)
Download or read book On Nash Bargaining with Non-Transferable Utilities written by Rahmi İlkılıç and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We discuss the failure of the non-levelness of the bargaining set in bargaining problems appearing in a series of papers that study bargaining over quantity produced between a firm and a labor union. The associated bargaining does not feature transferable utilities and the disagreement point is chosen such that the bargaining set no longer satisfies non-levelness. The appeal of the Nash bargaining solution becomes questionable as this solution may not be sustained via a noncooperative game in subgame perfect equilibrium when non-levelness fails. We restore this condition in such bargaining problems and reinforce the justifiability of using the Nash bargaining solution in these environments.
Author : John Eatwell
Publisher : Springer
ISBN 13 : 1349202150
Total Pages : 321 pages
Book Rating : 4.3/5 (492 download)
Download or read book Allocation, Information and Markets written by John Eatwell and published by Springer. This book was released on 1989-09-21 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an extract from the 4-volume dictionary of economics, a reference book which aims to define the subject of economics today. 1300 subject entries in the complete work cover the broad themes of economic theory. This volume concentrates on the topic of allocation information and markets.
Author : Gary Alan Biglaiser
Publisher :
ISBN 13 :
Total Pages : 268 pages
Book Rating : 4.:/5 (318 download)
Download or read book Noncooperative Coalition Formation written by Gary Alan Biglaiser and published by . This book was released on 1988 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt:
