EconPapers    
Economics at your fingertips  
 

Outcomes of bargaining and planning in single facility location problems

Tomohiko Kawamori and Kazuo Yamaguchi

Mathematical Social Sciences, 2010, vol. 59, issue 1, 38-45

Abstract: In this paper, we investigate a model where, on a tree network, players collectively choose the location of a single public facility by noncooperative alternating-offer bargaining with the unanimity rule. We show the existence of a stationary subgame perfect equilibrium and the characterization of stationary subgame perfect equilibria. We also show that the equilibrium location converges to the Rawls location (the Rawlsian social welfare maximizer) as the discount factor tends to 1; however, it does not relate to the Weber location (the Benthamite social welfare maximizer).

Keywords: Tree; network; Location; of; public; facility; Unanimity; rule; Bargaining; Rawls; location (search for similar items in EconPapers)
Date: 2010
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0165-4896(09)00095-X
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:matsoc:v:59:y:2010:i:1:p:38-45

Access Statistics for this article

Mathematical Social Sciences is currently edited by J.-F. Laslier

More articles in Mathematical Social Sciences from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

 
Page updated 2019-05-10
Handle: RePEc:eee:matsoc:v:59:y:2010:i:1:p:38-45