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Nash bargaining solution - MIT OpenCourseWare

: Game Theory with engineering Applications Lecture 14: Nash bargaining solution Asu Ozdaglar MIT March 30, 2010 1 Game Theory: Lecture 14 Introduction Outline Rubinstein bargaining Model with Alternating Offers Nash bargaining solution Relation of Axiomatic and Strategic Model Reference: Osborne and Rubinstein, bargaining and Markets. 2 Game Theory: Lecture 14 Strategic Model Introduction In this lecture, we discuss an axiomatic approach to the bargaining problem. In particular, we introduce the Nash bargaining solution and study the relation between the axiomatic and strategic (noncooperative) models.

Mar 30, 2010 · Performing the change of variables v 1 ... 6.254 Game Theory with Engineering Applications Spring 2010 . Nash bargaining solution ...

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