Asymmetric Nash bargaining solutions and competitive payoffs
Sonja Brangewitz and
Jan-Philip Gamp
Economics Letters, 2013, vol. 121, issue 2, 224-227
Abstract:
We establish a link between cooperative and competitive behavior. For every possible vector of weights of an asymmetric Nash bargaining solution there exists a market that has this asymmetric Nash bargaining solution as its unique competitive payoff vector.
Keywords: Asymmetric Nash bargaining solutions; Competitive payoffs; Market games; Inner core (search for similar items in EconPapers)
JEL-codes: C71 C78 D51 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (3)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:121:y:2013:i:2:p:224-227
DOI: 10.1016/j.econlet.2013.08.013
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