Inner Core, Asymmetric Nash Bargaining Solutions and Competitive Payoffs
Brangewitz S, Gamp J-P (2011) Working Papers. Institute of Mathematical Economics; 453.
Bielefeld: Center for Mathematical Economics.
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Abstract / Bemerkung
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.
Stichworte
Inner Core;
Asymmetric Nash Bargaining Solution;
Competitive Payoffs;
Market Games
Erscheinungsjahr
2011
Serientitel
Working Papers. Institute of Mathematical Economics
Band
453
Seite(n)
28
ISSN
0931-6558
Page URI
https://pub.uni-bielefeld.de/record/2900956
Zitieren
Brangewitz S, Gamp J-P. Inner Core, Asymmetric Nash Bargaining Solutions and Competitive Payoffs. Working Papers. Institute of Mathematical Economics. Vol 453. Bielefeld: Center for Mathematical Economics; 2011.
Brangewitz, S., & Gamp, J. - P. (2011). Inner Core, Asymmetric Nash Bargaining Solutions and Competitive Payoffs (Working Papers. Institute of Mathematical Economics, 453). Bielefeld: Center for Mathematical Economics.
Brangewitz, Sonja, and Gamp, Jan-Philip. 2011. Inner Core, Asymmetric Nash Bargaining Solutions and Competitive Payoffs. Vol. 453. Working Papers. Institute of Mathematical Economics. Bielefeld: Center for Mathematical Economics.
Brangewitz, S., and Gamp, J. - P. (2011). Inner Core, Asymmetric Nash Bargaining Solutions and Competitive Payoffs. Working Papers. Institute of Mathematical Economics, 453, Bielefeld: Center for Mathematical Economics.
Brangewitz, S., & Gamp, J.-P., 2011. Inner Core, Asymmetric Nash Bargaining Solutions and Competitive Payoffs, Working Papers. Institute of Mathematical Economics, no.453, Bielefeld: Center for Mathematical Economics.
S. Brangewitz and J.-P. Gamp, Inner Core, Asymmetric Nash Bargaining Solutions and Competitive Payoffs, Working Papers. Institute of Mathematical Economics, vol. 453, Bielefeld: Center for Mathematical Economics, 2011.
Brangewitz, S., Gamp, J.-P.: Inner Core, Asymmetric Nash Bargaining Solutions and Competitive Payoffs. Working Papers. Institute of Mathematical Economics, 453. Center for Mathematical Economics, Bielefeld (2011).
Brangewitz, Sonja, and Gamp, Jan-Philip. Inner Core, Asymmetric Nash Bargaining Solutions and Competitive Payoffs. Bielefeld: Center for Mathematical Economics, 2011. Working Papers. Institute of Mathematical Economics. 453.
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