We propose a bargaining process with alternating proposals as a way of solving non-cooperative games, giving rise to Pareto-efficient agreements which will, in general, differ from the Nash equilibrium of the original games.
Non-Cooperative Games with Chained Confirmed Proposals
ATTANASI, GIUSEPPE;MONTESANO, ALDO MARIA
2011
Abstract
We propose a bargaining process with alternating proposals as a way of solving non-cooperative games, giving rise to Pareto-efficient agreements which will, in general, differ from the Nash equilibrium of the original games.
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