Two support results for the Kalai-Smorodinsky solution in small object division markets

被引:3
|
作者
Haake, Claus-Jochen [1 ]
机构
[1] Univ Bielefeld, IMW, D-33501 Bielefeld, Germany
关键词
Support result; Object division market; Kalai-Smorodinsky solution; NASH PROGRAM; IMPLEMENTATION;
D O I
10.1016/j.mathsocsci.2008.09.004
中图分类号
F [经济];
学科分类号
02 ;
摘要
We discuss two support results for the Kalai-Smorodinsky bargaining solution in the context of an object division problem involving two agents. Strategic interaction determines an allocation of objects, so that evaluation with individual utilities constitute the pay-offs in the derived games. These allocations of objects are obtained through individual demand in a specific market for objects. For the first support result, games in strategic form are derived that exhibit a unique Nash equilibrium and equilibrium payoffs equal the Kalai-Smorodinsky solution of the underlying bargaining problem. The second result uses subgame perfect equilibria of a game in extensive form. Again, payoffs in any subgame perfect equilibrium coincide with the Kalai-Smorodinsky solution. (C) 2008 Elsevier B.V. All rights reserved.
引用
收藏
页码:177 / 187
页数:11
相关论文
共 31 条