Permanent URL to this publication: http://dx.doi.org/10.5167/uzh-2225
Köhler, W (2006). Unique equilibra in the rubinstein bargaining model when the payoff set is nonconvex. International Game Theory Review, 8(3):469-482.
View at publisher
I give necessary and sufficient conditions on the payoff set that guarantee uniqueness of the equilibrium in the Rubinstein bargaining model. The conditions encompass a class of non-convex or disconnected payoff sets with discontinuous Pareto frontiers. Roughly speaking, the equilibrium is unique if the objective function of the corresponding Nash-bargaining game has a unique maximum. I extend the analysis to games where the time between offers is not constant.
75 downloads since deposited on 11 Feb 2008
5 downloads since 12 months
|Item Type:||Journal Article, refereed, original work|
|Communities & Collections:||03 Faculty of Economics > Department of Economics|
|Dewey Decimal Classification:||330 Economics|
|Deposited On:||11 Feb 2008 12:29|
|Last Modified:||23 Nov 2012 12:31|
|Publisher:||World Scientific Publishing|
|Additional Information:||Electronic version of an article published as International Game Theory Review 2006, 8(3):469-482. DOI:10.1142/S0219198906001028 © World Scientific Publishing Company. http://www.worldscinet.com/igtr/igtr.shtml|
Users (please log in): suggest update or correction for this item
Repository Staff Only: item control page