Nash Bargaining versus Market Outcomes

Nirvikar Singh ()

Game Theory and Information from EconWPA

Abstract: This paper compares the NBS and market outcomes in a simple n-person economy. It shows how the two outcomes differ with respect to responsiveness to differences in risk aversion, endowments, and market positions.

JEL-codes: C78 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-gth and nep-mic
Date: 2004-12-07
Note: Type of Document - pdf; pages: 11
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http://129.3.20.41/eps/game/papers/0412/0412004.pdf (application/pdf)

Related works:
Journal Article: Nash Bargaining versus Market Outcomes (2005)
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpga:0412004

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