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A bargaining model for finite n-person multi-criteria games

Luisa Monroy (), Amparo M. Mármol () and Victoriana Rubiales ()
Additional contact information
Luisa Monroy: Universidad de Sevilla, http://www.us.es
Amparo M. Mármol: Universidad de Sevilla, http://www.us.es
Victoriana Rubiales: Universidad de Sevilla, http://www.us.es

No E2005/21, Economic Working Papers at Centro de Estudios Andaluces from Centro de Estudios Andaluces

Abstract: In this paper we consider a multi-criteria game model which allows interactions between players. The problem addressed is considered as a cooperative game in order to achieve consensus solutions which are evaluated with respect to several criteria simultaneously. The main idea consists of analyzing finite multi-criteria n-person games as multi-criteria bargaining games. The notion of Pareto-optimal guaranteed payoffs as a generalization of the maximin values of scalar games is proposed, together with two different solution concepts which can be characterized as the solutions of multi-criteria linear programming problems. A procedure to incorporate additional information about the agents' preferences in order to reach a final consensus is also provided.

Keywords: Finite; multi-criteria; games.; Bargaining; games.; Multi-criteria; analysis (search for similar items in EconPapers)
JEL-codes: C61 C72 C78 (search for similar items in EconPapers)
Pages: 30 pages
Date: 2005
New Economics Papers: this item is included in nep-gth and nep-mic
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