Risk Sharing

  • K. J. Radford


In Chapters 2, 3 and 4, we have considered the treatment of situations involving a single decision-maker only. We now turn to the discussion of decision situations in which there is more than one participant engaged in the choice between alternatives. These situations are those placed in Category 5 in Table 1-1.


Security Level Risk Sharing Radial Line Side Payment NASH Solution 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.


  1. 1.
    Raiffa, H. Decision Analysis: Introductory Lecturers on Choices under Uncertainty, Addison Wesley, 1968.Google Scholar
  2. 2.
    Luce, R.D. and H. Raiffa. Games and Decisions, John Wiley and Sons 1967, pp. 114–154.Google Scholar
  3. 3.
    Pareto, V Manuel d’. économie politique, 2nd Edition, M.Giard, Paris, 1927.Google Scholar
  4. 4.
    Nash, J.F. “The Bargaining Problem,” Econometrica,Vol. 18, 1950, pp. 155162.Google Scholar
  5. 5.
    Nash, JF. “Two Person Cooperative Games,” Econometrica, Vol. 21, 1953, pp. 128–140.CrossRefGoogle Scholar
  6. 6.
    Example quoted from Luce, RD. and H. Raiffa, op cit,p. 129.Google Scholar
  7. 7.
    Fouraker, L.E. and S. Siegel, Bargaining Behaviour, McGraw Hill, 1960.Google Scholar
  8. 8.
    Raiffa, H., op cit,p. 197.Google Scholar

Copyright information

© Springer Science+Business Media New York 1989

Authors and Affiliations

  • K. J. Radford
    • 1
  1. 1.York UniversityCanada

Personalised recommendations