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Support and Implementation of the Kalai-Smorodinsky Bargaining Solution

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Operations Research Proceedings 1999

Part of the book series: Operations Research Proceedings 1999 ((ORP,volume 1999))

Abstract

The idea behind the Nash program is to achieve a cooperative outcome via strategic interaction. The task is to design a non-cooperative game such that the (cooperative) payoff vector appears as an equilibrium-payoff of the game. So the cooperative solution can be supported by an equilibrium of an appropriate non-cooperative game. One motivation why it might be useful to have such support results for cooperative solutions was given by Nash (1953): “… two approaches to the problem, via the negotiation or via the axioms [which] are complementary; each helps to clarify and justify the other.”

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© 2000 Springer-Verlag Berlin Heidelberg

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Haake, CJ. (2000). Support and Implementation of the Kalai-Smorodinsky Bargaining Solution. In: Inderfurth, K., Schwödiauer, G., Domschke, W., Juhnke, F., Kleinschmidt, P., Wäscher, G. (eds) Operations Research Proceedings 1999. Operations Research Proceedings 1999, vol 1999. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-58300-1_29

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  • DOI: https://doi.org/10.1007/978-3-642-58300-1_29

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-67094-0

  • Online ISBN: 978-3-642-58300-1

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