Department
Institut für mathematische Wirtschaftsforschung
Abstract:
We discuss two support results for the Kalai-Smorodinsky bargaining solution in the context of an object division problem involving two agents. Allocations of objects resulting from strategic interaction are obtained as a demand vector in a specific market. For the first support result games in strategic form are derived that exhibit a unique Nash equilibrium. The second result uses subgame perfect equlibria of a game in extensive form. Although there may be multiple equilibria, coordination problems can be removed.
Keywords
Support result ;
Object division market ;
Kalai-Smorodinsky solution
Haake C-J. Two support results for the Kalai-Smorodinsky solution in small object division markets. IMW working papers. Bielefeld: Universität Bielefeld; 2005.
Haake, C.-J. (2005). Two support results for the Kalai-Smorodinsky solution in small object division markets . Bielefeld: Universität Bielefeld.
Haake, C. - J. (2005). Two support results for the Kalai-Smorodinsky solution in small object division markets. Bielefeld: Universität Bielefeld.
Haake, C.-J., 2005. Two support results for the Kalai-Smorodinsky solution in small object division markets, Bielefeld: Universität Bielefeld.
C.-J. Haake, Two support results for the Kalai-Smorodinsky solution in small object division markets, Bielefeld: Universität Bielefeld, 2005.
Haake, C.-J.: Two support results for the Kalai-Smorodinsky solution in small object division markets. Universität Bielefeld, Bielefeld (2005).
Haake, Claus-Jochen. Two support results for the Kalai-Smorodinsky solution in small object division markets. Bielefeld: Universität Bielefeld, 2005.
@misc{2315428,
abstract = {We discuss two support results for the Kalai-Smorodinsky bargaining solution in the context of an object division problem involving two agents. Allocations of objects resulting from strategic interaction are obtained as a demand vector in a specific market. For the first support result games in strategic form are derived that exhibit a unique Nash equilibrium. The second result uses subgame perfect equlibria of a game in extensive form. Although there may be multiple equilibria, coordination problems can be removed.},
author = {Haake, Claus-Jochen},
issn = {0931-6558},
language = {English},
number = {366},
publisher = {Universit{\"a}t Bielefeld},
title = {Two support results for the Kalai-Smorodinsky solution in small object division markets},
year = {2005},
}
TY - GEN
ID - 2315428
TI - Two support results for the Kalai-Smorodinsky solution in small object division markets
AU - Haake, Claus-Jochen
PY - 2005
AB - We discuss two support results for the Kalai-Smorodinsky bargaining solution in the context of an object division problem involving two agents. Allocations of objects resulting from strategic interaction are obtained as a demand vector in a specific market. For the first support result games in strategic form are derived that exhibit a unique Nash equilibrium. The second result uses subgame perfect equlibria of a game in extensive form. Although there may be multiple equilibria, coordination problems can be removed.
KW - Support result
KW - Object division market
KW - Kalai-Smorodinsky solution
IS - 366
PB - Universität Bielefeld
SN - 0931-6558
U3 - PUB:ID 2315428
UR - http://www.imw.uni-bielefeld.de/papers/files/imw-wp-366.pdf
UR - http://nbn-resolving.de/urn:nbn:de:hbz:361-7012
ER -