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Results tagged with cooperative-game-theory
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user 25512
4
votes
Accepted
Is the Nash product really maximised ex post?
The Nash bargaining solution DOES maximize the Nash product. You have to separate the playing of the game from the bargaining problem. If the players negotiate a binding agreement they will realize th …
- 7,470
3
votes
Accepted
Slight Uncertainty of Continuation in Repeated Prisoner's Dilemma
Imagine you have played the first 19 rounds. Now a chance event decides on whether there will be another, final, round. What's your optimal action in this last round, in case it actually occurs? Defec …
- 7,470