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http://hdl.handle.net/11718/1777| Title: | A negotiation procedure converging to the Nash bargaining solution |
| Authors: | Lahiri, Somdeb |
| Keywords: | Nash bargaining solution |
| Issue Date: | 29-Mar-2010 |
| Series/Report no.: | WP;1991/980 |
| Abstract: | In this paper we propose a negotiation procedure for the bilateral monopoly problem, solutions of which converge to the Nash bargaining solution. In this paper we have established a convergent negotiation procedure for the bilateral monopoly problem. A negotiation procedure considerably different from ours has been suggested by Maschler, Owen and Pe leg which converges to the Nash-set for a bargaining problem with a larger number of agents. |
| URI: | http://hdl.handle.net/11718/1777 |
| Appears in Collections: | Working Papers |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| WP 1991_980.pdf | 126.15 kB | Adobe PDF | View/Open |
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