Gerber, Anke - In: Homo Oeconomicus 37 (2020) 1-2, pp. 87-104
In this paper we prove that the symmetric Nash solution is a risk neutral von Neumann–Morgenstern utility function on the class of pure bargaining games. Our result corrects an error in Roth (Econometrica 46:587–594, 983, 1978) and generalizes Roth’s result to bargaining games with...