Published January 1984 | Version Submitted
Working Paper Open

Bargaining Theory for Games with Transferable Value

Abstract

This paper presents an existence proof of a bargaining equilibrium set B*, in the case of games with transferable value, by making use of the Knaster Kuratowski Mazurkiewicz (KKM) Theorem. As a corollary proof of existence of the usual bargaining set B1 is obtained. Whereas previous proofs of B1 existence have made use of fixed point arguments, use of the KKM theorem provides an insight into possible extensions of the existence proof to the nontransferable value case.

Additional Information

This material is based on work supported by a Nuffield Grant on Political Stability. Thanks are due to Kim Border for making available his unpublished manuscript, and to Graciela Chichilnisky for helpful discussion on her unpublished work.

Attached Files

Submitted - sswp509.pdf

Files

sswp509.pdf

Files (268.5 kB)

Name Size Download all
md5:1a7dd1243d24a3994bc857b7c45ab5b1
268.5 kB Preview Download

Additional details

Identifiers

Eprint ID
81643
Resolver ID
CaltechAUTHORS:20170920-152358814

Funding

Nuffield Foundation

Dates

Created
2017-09-20
Created from EPrint's datestamp field
Updated
2019-10-03
Created from EPrint's last_modified field

Caltech Custom Metadata

Caltech groups
Social Science Working Papers
Series Name
Social Science Working Paper
Series Volume or Issue Number
509