Existence and uniqueness of ordinal Nash outcomes

Citation
E. Hanany et Z. Safra, Existence and uniqueness of ordinal Nash outcomes, J ECON THEO, 90(2), 2000, pp. 254-276
Citations number
22
Categorie Soggetti
Economics
Journal title
JOURNAL OF ECONOMIC THEORY
ISSN journal
00220531 → ACNP
Volume
90
Issue
2
Year of publication
2000
Pages
254 - 276
Database
ISI
SICI code
0022-0531(200002)90:2<254:EAUOON>2.0.ZU;2-4
Abstract
In this paper we present necessary and sufficient conditions for existence and uniqueness of ordinal Nash outcomes. These outcomes are derived from th e ordinal Nash solution-a reinterpretation and an extension of the Nash bar gaining solution that allows bargainers to have preference relations that a re more general than expected utility. Our task is undertaken by the constr uction of a new notion called "induced utilities". Journal of Economic Lite rature Classification Number: C78. (C) 2000 Academic Press.