Implementation of Nash bargaining solutions with non-convexity

Cheng-Zhong Qin, Guofu Tan and Chi Leung Wong

Economics Letters, 2019, vol. 178, issue C, 46-49

Abstract: Nash solutions for two-player bargaining problems with non-convexity are shown to be dictatorial selections of Nash product maximizers in recent literature. In this paper we show that these solutions are implementable as unique subgame perfect equilibrium payoff allocations of a sequential game.

Keywords: Bargaining problem; Non-convexity; Nash solution; Implementation (search for similar items in EconPapers)
JEL-codes: C71 C72 C78 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:178:y:2019:i:c:p:46-49

DOI: 10.1016/j.econlet.2019.02.016

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