Given n agents with von Neumann-Morgenstern utility functions who wish to divide m commodities, consider the n-person noncooperative game with strategies consisting of concave, increasing von Neumann-Morgenstern utility functions, and whose outcomes are the relative utilitarian solution. It is shown that any constrained equal-income competitive equilibrium allocation for the true utilities is a Nash equilibrium outcome for the noncooperative game. Conditions are presented under which these are the only pure strategy equilibrium outcomes
Standard economic theory assumes individuals choose actions that optimize their expected utility. In...
We introduce a framework of noncooperative pregames, in which players are characterized by their att...
In this paper we study competitive outcomes and endogenous coalition formation in a cooperative n-pe...
Cooperative games with non-transferable utility (NTU) and under asymmetric information are studied f...
Gerber A. The Nash solution as a von Neumann-Morgenstern utility function on bargaining games. Worki...
Recent literature has made significant progress in characterizing those social choice functions that...
This paper investigates Nash equilibrium under the possibility that preferences may be incomplete. I...
It is shown that in Nash bargaining over division of a single good, when agents are allowed to disto...
Any cooperative n-person game with transferable utility has a noncooperative mode in which the playe...
Abstract: Two agents bargain over the allocation of a bundle of divisible com-modities. After strate...
We introduce the framework of noncooperative pregames and demonstrate that for all games with suffic...
The strategic equilibrium of an N-person cooperative game with transferable utility is a system comp...
[[abstract]]A pure-strategy equilibrium existence theorem is extended to include games with non-expe...
April, 2005; August 2005 (revised)We present a noncooperative foundation of an asymmetric Nash barga...
How can we combine altruism of Berge equilibrium with selfishness of Nash equilibrium? The positive ...
Standard economic theory assumes individuals choose actions that optimize their expected utility. In...
We introduce a framework of noncooperative pregames, in which players are characterized by their att...
In this paper we study competitive outcomes and endogenous coalition formation in a cooperative n-pe...
Cooperative games with non-transferable utility (NTU) and under asymmetric information are studied f...
Gerber A. The Nash solution as a von Neumann-Morgenstern utility function on bargaining games. Worki...
Recent literature has made significant progress in characterizing those social choice functions that...
This paper investigates Nash equilibrium under the possibility that preferences may be incomplete. I...
It is shown that in Nash bargaining over division of a single good, when agents are allowed to disto...
Any cooperative n-person game with transferable utility has a noncooperative mode in which the playe...
Abstract: Two agents bargain over the allocation of a bundle of divisible com-modities. After strate...
We introduce the framework of noncooperative pregames and demonstrate that for all games with suffic...
The strategic equilibrium of an N-person cooperative game with transferable utility is a system comp...
[[abstract]]A pure-strategy equilibrium existence theorem is extended to include games with non-expe...
April, 2005; August 2005 (revised)We present a noncooperative foundation of an asymmetric Nash barga...
How can we combine altruism of Berge equilibrium with selfishness of Nash equilibrium? The positive ...
Standard economic theory assumes individuals choose actions that optimize their expected utility. In...
We introduce a framework of noncooperative pregames, in which players are characterized by their att...
In this paper we study competitive outcomes and endogenous coalition formation in a cooperative n-pe...