Showing 1 - 3 of 3
Persistent link: https://www.econbiz.de/10005374298
This paper investigates three distinctive and intuitive renegotiation bargaining protocols that all yield the Shapley value as the unique subgame perfect equilibrium outcome. These protocols, built on the multi-bidding procedure of Pérez-Castrillo and Wettstein (2001), allow more freedom in...
Persistent link: https://www.econbiz.de/10010591896
In this paper, we introduce two polytopes that respect a digraph in the sense that for every vector in the polytope every component corresponds to a node and is at least equal to the component corresponding to each successor of this node. The sharing polytope is the set of all elements from the...
Persistent link: https://www.econbiz.de/10005374124