The Nash bargaining solution in general n-person cooperative games

A-Tier
Journal: Journal of Economic Theory
Year: 2010
Volume: 145
Issue: 6
Pages: 2356-2379

Score contribution per author:

4.022 = (α=2.01 / 1 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We present a noncooperative foundation for the Nash bargaining solution for an n-person cooperative game in strategic form. The Nash bargaining solution should be immune to any coalitional deviations. Our noncooperative approach yields a new core concept, called the Nash core, for a cooperative game based on a consistency principle. We prove that the Nash bargaining solution can be supported (in every subgame) by a stationary subgame perfect equilibrium of the bargaining game if and only if the Nash bargaining solution belongs to the Nash core.

Technical Details

RePEc Handle
repec:eee:jetheo:v:145:y:2010:i:6:p:2356-2379
Journal Field
Theory
Author Count
1
Added to Database
2026-01-26