On non-cooperative foundation and implementation of the Nash solution in subgame perfect equilibrium via Rubinstein's game
In this paper we provide an exact non-cooperative foundation of the Nash solution via a unique (weakly) subgame perfect equilibrium payoff vector in a two-person bargaining game, which is a modification of the well-known alternate offer game by Rubinstein (1982). We also discuss the extent t...
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
Society for the Promotion of Mechanism and Institution Design
2016-12-01
|
Series: | Journal of Mechanism and Institution Design |
Subjects: | |
Online Access: |
http://www.mechanism-design.org/arch/v001-1/p_03.pdf
|