In experiments it is typically found that many joint utility outcomes arise in any given unstructured bargaining game. This suggests using a positive unstructured bargaining concept that maps a bargaining game to a probability distribution over outcomes rather than to a single outcome. We show how to “translate” Nash’s bargaining axioms to apply to such distributional bargaining concepts. We th...

This paper develops the concept of contractual equilibrium for repeated games with transferable utility, whereby the players negotiate cooperatively over their continuation strategies at the start of each period. Players may disagree in the negotiation phase, and continuation play may be suboptimal under disagreement. Under agreement, play is jointly optimal in the continuation game, and the pl...

Abstract The Nash Demand Game (NDG) has been one of the first models (Nash in Econometrica 21(1):128–140, 1953. 10.2307/1906951 ) that tried to describe process negotiation, competition, and cooperation. This model had enormous repercussions leveraged basic applied research on bargaining processes. Therefore, we wonder whether it is possible articulate extensive multiple developments into a sin...

cooperation is the foundation of many protocols in wireless networks. without cooperation, the performance of a network significantly decreases. hence, all nodes in traditional networks are required to cooperate with each other. in this paper, instead of traditional networks, a network of rational and autonomous nodes is considered, which means that each node itself can decide whether to cooper...

Discrepancies between empirical data and economic theory in ultimatum bargaining have been a subject of interest for over 30 years. Previous experiments have observed individuals walking away from essentially positive profits in these games. My paper adds to the existing body of research and attempts to explain these observations by investigating non-monetary aspects of payoff functions. Since ...

This work aims to provide different perspectives on the relationships between cooperative game theory and research field concerning climate change dynamics. New results are obtained in framework of competitive bargaining solutions related issues, moving from a approach one. Furthermore, dynamics balanced super-balanced games exposed, with particular reference coalitions. Some open problems pres...

This article is a survey on bargaining theory. The focus is the game theoretic approach to bargaining, both on its axiomatic and strategic counterparts. The application of bargaining theory to large markets and its connections with competitive allocations are also discussed. Journal of Economic Literature classification: C7. Bargaining In the simplest definition, we refer to bargaining as a soc...

A seller and a buyer bargain over the terms of trade for an object. The seller receives a perfect signal determining the value of the object to both players, while the buyer remains uninformed. We analyze the infinite horizon bargaining game in which the buyer makes all the offers. When the static incentive constraints permit first-best efficiency, then under some regularity conditions the outc...

We consider an extension of strategic normal form games with a phase before the actual play of the game, where players can make binding offers for transfer of utilities to other players after the play of the game, contingent on the recipient playing the strategy indicated in the offer. Such offers transform the payoff matrix of the original game but preserve its non-cooperative nature. The type...

Rapid commercialization of the Internet and development of the National Information Infrastructure are likely to change the nature of retailing and commerce in profound ways. These changes pose both challenges and opportunites for AI, such as how to design intelligent assistants that help humans cope with the increasing complexities of electronic commerce. In this paper, we present the rst step...