Economics Commons^™

Finite Bargaining Problems, Hanji Wu

Economics Dissertations

Bargaining is a process to decide how to divide shared resources between two or more players. And axiomatic bargaining specifies desirable and simple properties the outcome of the bargaining should satisfy and identifies the solution that produces this outcome. This approach was first developed by John Nash in his seminal work(Nash 1950). Since then, numerous studies have been done on bargaining problems with convex feasible set or with non-convex but comprehensive feasible set. There is, however, little work on finite bargaining problems. In this dissertation, we study finite bargaining problems systematically by extending the standard bargaining model to the one …