Achtung:

Sie haben Javascript deaktiviert!
Sie haben versucht eine Funktion zu nutzen, die nur mit Javascript möglich ist. Um sämtliche Funktionalitäten unserer Internetseite zu nutzen, aktivieren Sie bitte Javascript in Ihrem Browser.

Info-Icon Diese Seite ist nicht in Deutsch verfügbar
Fakultät für Wirtschaftswissenschaften
|

Simon Hoof published the paper "On a class of linear-state differential games with subgame individually rational and time consistent bargaining solutions"


Simon Hoof published the paper "On a class of linear-state differential games with subgame individually rational and time consistent bargaining solutions" in the Journal of Mechanism and Institution Design 5 (1).

Abstract:
We consider n-person pure bargaining games in which the space of feasible payoffs is constructed via a normal form differential game. At the beginning of the game the agents bargain over strategies to be played over an infinite time horizon. An initial cooperative solution (a strategy tuple) is called subgame individually rational (SIR) if it remains individually rational throughout the entire game and time consistent (TC) if renegotiating it at a later time instant yields the original solution. For a class of linear-state differential games we show that any solution which is individually rational at the beginning of the game satisfies SIR and TC if the space of admissible cooperative strategies is restricted to constants. We discuss an application from environmental economics.

Die Universität der Informationsgesellschaft