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Tagged with nash-equilibrium bargaining
5 questions
2
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Fehr-Schmidt, Ultimatum game, Subgame-Perfect Nash Equilibrium
I'm studying the different variations of the ultimatum games. I've spent some time on this following game:
Assume now that each player does not only care about the amount of money she receives, but ...
- 105
3
votes
1
answer
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Is the Nash product really maximised ex post?
In my game theory class this term, we studied Nash bargaining. It is only now when starting to prepare for the exam that I have come to realise there is something I fundamentally don't understand, and ...
- 317
3
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Asymmetric Nash Bargaining
The Nash bargaining solution selects the unique solution to the maximization problem $\max_{s_1, s_2 } (s_1 - d_1) (s_2 - d_2)$ such that the solution satisfy the following axioms :
Invariance
...
- 41
1
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Take It Or Leave It Strategy: Social Optimum
Here is what I understood
Using Backward Induction, I inferred that buyer offers a price, say, $P$ and the seller will sell only if $P \geq c(I)$. Setting the lowest possible Price that will ensure ...
- 401
3
votes
1
answer
294
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Disagreement in Strategic Bargaining
Construct a pair of startegies for the ultimatum game ($T=1$ bargaining game), that constitutes a Nash Equilibrium and together support the outcome that there is no agreement reached by the two ...
- 401