EconPapers    
Economics at your fingertips  
 

The Coalitional Nash Bargaining Solution with Simultaneous Payoff Demands

Ricardo Nieva ()

No 206838, Climate Change and Sustainable Development from Fondazione Eni Enrico Mattei (FEEM)

Abstract: We consider a standard coalitional bargaining game where once a coalition forms it exits as in Okada (2011), however, instead of alternating offers, we have simultaneous payoff demands. We focus in the producer game he studies. Each player is chosen with equal probability. If that is the case, she can choose any coalition she belongs to. However, a coalition can form if an only if payoff demands are feasible as in the Nash (1953) demand game. After smoothing the game (as in Van Damme (1991)), when the noise vanishes, when the discount factor is close to 1, and as in Okada´s (2011), the coalitional Nash bargaining solution is the unique stationary subgameperfect equilibrium.

Keywords: Research Methods/ Statistical Methods; Risk and Uncertainty (search for similar items in EconPapers)
Pages: 22
Date: 2015-07-16
References: Add references at CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
https://ageconsearch.umn.edu/record/206838/files/NDL2015-067.pdf (application/pdf)

Related works:
Working Paper: The Coalitional Nash Bargaining Solution with Simultaneous Payoff Demands (2015) Downloads
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:ags:feemcl:206838

DOI: 10.22004/ag.econ.206838

Access Statistics for this paper

More papers in Climate Change and Sustainable Development from Fondazione Eni Enrico Mattei (FEEM) Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().

 
Page updated 2021-02-19
Handle: RePEc:ags:feemcl:206838