Nash bargaining and risk aversion
نویسندگان
چکیده
منابع مشابه
Nash bargaining and risk aversion
It is widely accepted among axiomatic bargaining theorists that if one bargainer is more risk averse than a second, the second will be a tougher bargaining opponent than the first against all opponents. We argue that this relationship between risk aversion and bargaining toughness is both highly fragile, and more nuanced than previously articulated. In the Nash and Kalai-Smorodinsky bargaining ...
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ژورنال
عنوان ژورنال: Games and Economic Behavior
سال: 2016
ISSN: 0899-8256
DOI: 10.1016/j.geb.2015.11.003