Nash Bargaining versus Market Outcomes
Nirvikar Singh
Game Theory and Information from University Library of Munich, Germany
Abstract:
This paper compares the NBS and market outcomes in a simple n-person economy. It shows how the two outcomes differ with respect to responsiveness to differences in risk aversion, endowments, and market positions.
JEL-codes: C78 (search for similar items in EconPapers)
Pages: 11 pages
Date: 2004-12-07
New Economics Papers: this item is included in nep-gth and nep-mic
Note: Type of Document - pdf; pages: 11
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https://econwpa.ub.uni-muenchen.de/econ-wp/game/papers/0412/0412004.pdf (application/pdf)
Related works:
Journal Article: Nash Bargaining versus Market Outcomes (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpga:0412004
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