The bargaining problem with an uncertain conflict outcome (Q1102211): Difference between revisions
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Revision as of 02:13, 5 March 2024
scientific article
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English | The bargaining problem with an uncertain conflict outcome |
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The bargaining problem with an uncertain conflict outcome (English)
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1988
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A bargaining model in cooperative games is considered in which the bargaining period is limited. If no agreement is achieved before the limit then the game results in an uncertain outcome which can be connected with some preliminary information common for all players. The main result of the paper concerns the solution function called the compounded-Nash solution, and its properties.
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uncertainty in conflict
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bargaining
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cooperative games
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compounded-Nash solution
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