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Generalization of the nash bargaining solution in two person co-operative games
(2010-03-23)
Existence and characterization of a generalized bargaining solution incorporating preferential treatment, is discussed. Similar results pertaining to variable reference point games are motivated.
The Nash-Bargaining solution for public sector pricing problems
(2010-03-22)
In this paper we study some issues in positive second-best theory, specifically the theory of optimal pricing of private goods produced by public firms: i.e, firms whose objective departs from profit maximization. The ...
A negotiation procedure converging to the Nash bargaining solution
(2010-03-29)
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 ...