Reject and renegotiate: The Shapley value in multilateral bargaining
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چکیده
منابع مشابه
Reject and renegotiate: the Shapley value in multilateral bargaining
This paper investigates three distinctive and intuitive renegotiation bargaining protocols that all yield the Shapley value as the unique subgame perfect equilibrium outcome. These protocols, built on the multi-bidding procedure of Pérez-Castrillo and Wettstein (2001), allow more freedom in multilateral bargaining where rejected players can further negotiate and form coalitions. The self-dualit...
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ژورنال
عنوان ژورنال: Journal of Mathematical Economics
سال: 2012
ISSN: 0304-4068
DOI: 10.1016/j.jmateco.2012.08.009