A General Measure of Bargaining Power for Non-Cooperative Games
Joseph-Simon Goerlach and
Nicolas Motz
Authors registered in the RePEc Author Service: Joseph-Simon Görlach
No 18843, CEPR Discussion Papers from C.E.P.R. Discussion Papers
Abstract:
Despite recent advances, no general methods for computing bargaining power in non-cooperative games exist. We propose a number of axioms such a measure should satisfy and show that they characterise a unique function. The principle underlying this measure is that the influence of a player can be assessed according to how much changes in this player's preferences affect outcomes. Considering specific classes of games, our approach nests existing measures of power. We present applications to cartel formation, the non-cooperative model of the household, and legislative bargaining.
JEL-codes: C72 C78 D01 (search for similar items in EconPapers)
Date: 2024-02
References: Add references at CitEc
Citations:
Downloads: (external link)
https://cepr.org/publications/DP18843 (application/pdf)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org
Related works:
Working Paper: A General Measure of Bargaining Power for Non-cooperative Games (2024) 
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:cpr:ceprdp:18843
Ordering information: This working paper can be ordered from
https://cepr.org/publications/DP18843
Access Statistics for this paper
More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers Centre for Economic Policy Research, 33 Great Sutton Street, London EC1V 0DX.
Bibliographic data for series maintained by ().