Legislative Bargaining Experiments
Marina Agranov ()
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Marina Agranov: California Institute of Technology
Chapter Chapter 9 in Bargaining, 2022, pp 179-202 from Springer
Abstract:
Abstract The chapter discusses the connections between the Nash bargaining solution on the one hand, and utilitarianism and egalitarianism on the other. In particular, it is shown how the Nash solution offers a compromise between the two opposing schools of thought, and how it overcomes difficulties from which utilitarianism and egalitarianism suffer.
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-76666-5_9
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DOI: 10.1007/978-3-030-76666-5_9
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