Nash implementation of the Nash bargaining solution using intuitive message spaces

Authors
Citation
J. Naeve, Nash implementation of the Nash bargaining solution using intuitive message spaces, ECON LETT, 62(1), 1999, pp. 23-28
Citations number
8
Categorie Soggetti
Economics
Journal title
ECONOMICS LETTERS
ISSN journal
01651765 → ACNP
Volume
62
Issue
1
Year of publication
1999
Pages
23 - 28
Database
ISI
SICI code
0165-1765(199901)62:1<23:NIOTNB>2.0.ZU;2-C
Abstract
We provide mechanisms for the Nash implementation of the Nash bargaining so lution if the set of possible payoff allocations is unknown to the planner while the status quo is known. Agents report payoff regions compatible with the status quo. We remark that message spaces can be further reduced. (C) 1999 Elsevier Science S.A. All rights reserved.