Note on the equal split solution in an n-person noncooperative bargaining game

2008 ◽  
Vol 55 (3) ◽  
pp. 281-291 ◽  
Author(s):  
Toshiji Miyakawa
2014 ◽  
Vol 108 ◽  
pp. 261-272 ◽  
Author(s):  
Eike B. Kroll ◽  
Ralf Morgenstern ◽  
Thomas Neumann ◽  
Stephan Schosser ◽  
Bodo Vogt

2021 ◽  
Author(s):  
Yola Engler ◽  
Lionel Page

We investigate the haggling process in bargaining. Using an experimental bargaining game, we find that a first offer has a significant impact on the bargaining outcome even if it is costless to reject. First offers convey information on the player’s reservation value induced by his social preferences. They are most often accepted when they are not above the equal split. However, offers which request much more than the equal split induce punishing counteroffers. The bargaining outcome is therefore critically influenced by the balance of toughness and kindness signaled through the offers made in the haggling phase.


1996 ◽  
Vol 90 (4) ◽  
pp. 813-823 ◽  
Author(s):  
Eyal Winter

The consequences of veto power in committees is analyzed using the approach of noncooperative bargaining theory. It is first shown that in equilibrium nonveto players do not share in the benefits gained by the decision making of the committee, that is, in every equilibrium outcome of the bargaining game, nonveto players earn zero. Some measures for reducing the excessive power of veto members in committees are analyzed. Specifically, I study the effects of imposing a deadline on negotiations and of expanding the committee by increasing the number of nonveto players. Quantitative results are given for the case of the UN Security Council.


2020 ◽  
Vol 105 ◽  
pp. 34-40
Author(s):  
Guangjing Yang ◽  
Hao Sun ◽  
Dongshuang Hou ◽  
Genjiu Xu

2019 ◽  
Vol 15 (8) ◽  
pp. 4721-4730 ◽  
Author(s):  
Lu An ◽  
Jie Duan ◽  
Mo-Yuen Chow ◽  
Alexandra Duel-Hallen

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