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Mathematics

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City University of New York (CUNY)

Theses/Dissertations

2018

Bargaining Theory

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Coincidence Of Bargaining Solutions And Rationalizability In Epistemic Games, Todd Stambaugh May 2018

Coincidence Of Bargaining Solutions And Rationalizability In Epistemic Games, Todd Stambaugh

Dissertations, Theses, and Capstone Projects

Chapter 1: In 1950, John Nash proposed the Bargaining Problem, for which a solution is a function that assigns to each space of possible utility assignments a single point in the space, in some sense representing the ’fair’ deal for the agents involved. Nash provided a solution of his own, and several others have been presented since then, including a notable solution by Ehud Kalai and Meir Smorodinsky. In chapter 1, a complete account is given for the conditions under which the two solutions will coincide for two player bargaining scenarios.

Chapter 2: In the same year, Nash …