Non - cooperative games with chained confirmed proposals
نویسندگان
چکیده
We propose a bargaining process with alternating proposals as a way of solving non-cooperative games, giving rise to Pareto efficient agreements which will, in general, differ from the Nash equilibrium of the constituent games. JEL classification: C72; C73; C78.
منابع مشابه
Non-cooperative games with confirmed proposals
We propose a bargaining process as a way of playing and solving non cooperative games. We focus on social dilemma situations and show that sequential proposals which, if confirmed by players, determine real play, may give rise to equilibrium outcomes which differ from the standard non cooperative solution. Specifically, we show that, under standard assumptions, in a prisoners’ dilemma with conf...
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