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Arts and Humanities

2018

Dissertations, Theses, and Capstone Projects

Nash Bargaining

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Full-Text Articles in Physical Sciences and Mathematics

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 …