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‘Vintage’ Nash bargaining without convexity

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  • Zambrano, Eduardo

Abstract

I study Nash bargaining when the utility possibility set of the bargaining problem is not convex. A simple variation of Nash’s Symmetry axiom is all that is necessary to establish a set-valued version of Nash’s solution in non-convex settings.

Suggested Citation

  • Zambrano, Eduardo, 2016. "‘Vintage’ Nash bargaining without convexity," Economics Letters, Elsevier, vol. 141(C), pages 32-34.
    • Handle: RePEc:eee:ecolet:v:141:y:2016:i:c:p:32-34
    DOI: 10.1016/j.econlet.2016.01.009
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    References listed on IDEAS

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    Cited by:

    1. Yongsheng Xu & Naoki Yoshihara, 2020. "Nonconvex Bargaining Problems: Some Recent Developments," Homo Oeconomicus: Journal of Behavioral and Institutional Economics, Springer, vol. 37(1), pages 7-41, November.
    2. William Thomson, 2022. "On the axiomatic theory of bargaining: a survey of recent results," Review of Economic Design, Springer;Society for Economic Design, vol. 26(4), pages 491-542, December.

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    More about this item

    Keywords

    Non-convex bargaining problems; Nash bargaining solution; Axiomatic bargaining;
    All these keywords.

    JEL classification:

    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory

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