Kalai-Smorodinsky bargaining solution equilibria (Q983722)
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English | Kalai-Smorodinsky bargaining solution equilibria |
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Kalai-Smorodinsky bargaining solution equilibria (English)
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24 July 2010
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The paper deals with a specific type of strategic games with multicriterial evaluation of results, interpreted as organizational problem where each player represents a group of individual agents having their particular preferences. The classical model of such games is modified in the way supporting the independence of the solution on irrelevant alternatives. The main attention is focused on the stable situations called Kalai-Smorodinsky bargaining solution, and the main results regard the existence of such solution for a general class of disagreement points including so called minimal expectation disagreement point. It is also shown that the Kalai-Smorodinsky bargaining solution and perfect equilibria have non-empty intersection, better specifying the optimality and equilibrium than the previous solution concepts.
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strategic games
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multicriterial game
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Kalai-Smorodinsky bargaining solution
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refinement power of equilibrium
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equilibrium of a game
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