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Matematicheskaya Teoriya Igr i Ee Prilozheniya, 2013, Volume 5, Issue 2, Pages 46–63
(Mi mgta108)
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The bargaining solution among threshold strategies
Vladimir V. Mazalov, Aleksei Y. Kondratev Institute of Applied Mathematical Research Karelian Research Center of RAS
Abstract:
We consider a bargaining problem which engages a seller (player $I$) and a buyer (player $II$). Each player possesses private information about own reservation price which is unavailable to the opponent. Players appear on the market and announce their prices for a product. If the transaction takes place then the gain of a player is the difference between the negotiated and the reservation prices. We find the equilibrium in this game among threshold strategies
Keywords:
bargaining model, threshold strategies, Bayes equilibrium.
Citation:
Vladimir V. Mazalov, Aleksei Y. Kondratev, “The bargaining solution among threshold strategies”, Mat. Teor. Igr Pril., 5:2 (2013), 46–63; Autom. Remote Control, 76:3 (2015), 507–520
Linking options:
https://www.mathnet.ru/eng/mgta108 https://www.mathnet.ru/eng/mgta/v5/i2/p46
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Statistics & downloads: |
Abstract page: | 356 | Full-text PDF : | 117 | References: | 46 | First page: | 1 |
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