The time-preference Nash solution

We give an axiomatic characterization of the Time-Preference Nash Solution, a bargaining solution that is applied when the underlying preferences are defined over streams of physical outcomes. This bargaining solution is similar to the ordinal Nash solution introduced by Rubinstein, Safra, and Thomson (1992), but it gives a different prediction when the set of physical outcomes is a set of lotteries.

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Year of publication:	2001-03-27
Authors:	Dagan, Nir ; Volij, Oscar ; Winter, Eyal
Institutions:	Nir Dagan

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Extent:	application/pdf
Series:	Economic theory and game theory.
Type of publication:	Book / Working Paper
Language:	English
Notes:	20 pages
Classification:	C71 - Cooperative Games ; C78 - Bargaining Theory; Matching Theory
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005562439