This is not the document you are looking for? Use the search form below to find more!

Report home > World & Business

The Bargaining Problem

0.00 (0 votes)
Document Description
A new treatment is presented of a classical economic problem, one rhich occurs in many forms, as bargaining, bilateral monopoly, etc. It may also be regarded as a nonzero-sum t~o-person game. In this treatment a few general assumptions are made concerning the behavior of a single individual and of a group of t~voindividuals in certain economic environments. From these, the solution (in the sense of this paper) of the classical problem may be obtained. In the terms of game theory, values are found for the game.
File Details
  • Added: April, 25th 2010
  • Reads: 729
  • Downloads: 8
  • File size: 221.82kb
  • Pages: 9
  • Tags: bargaining problem, two person theory, theory of games and economic behavior
  • content preview
  • Username: samanta
  • Name: samanta
  • Documents: 1258
Embed Code:

Add New Comment

Related Documents

Epistemic luck and the generality problem

by: molly, 14 pages

Epistemic luck has been the focus of much discussion recently. Perhaps the most general knowledge-precluding type is veriticluck, where a belief is true but might easily have been false. Veriticluck ...

Paul Chehade for President - The Solution to the Immigration problem must be complete

by: donaldhood, 4 pages

(1888PressRelease) We must go back to our founder father's convictions and elect honest and capable citizens with no alternate personal agendas to run our country. The DREAM Act. was the clear ...

The Social OPAC: Solving the OPAC Problem

by: joeri, 13 pages

The Social OPAC: Solving the OPAC Problem

The Birthday Problem

by: colemi, 7 pages

Solving the Birthday Problem

Quantum Cosmology and the Hard Problem of the Conscious Brain

by: titina, 20 pages

The conscious brain poses the most serious unsolved problem for science at the beginning of the third millennium. Not only is the whole basis of subjective conscious experience lacking adequate ...

Share Repurchases, the Clustering Problem, and the Free Cash Flow Hypothesis

by: samanta, 19 pages

We examine the market reaction to announcements of actual share repurchases, events that cluster both within and across firms. Using a multivariate regression model, we find that the market reacts

HIV / AIDS and Malaria : The Deadly Problem of Co Infection

by: shinta, 2 pages

HIV/AIDS and malaria are among the most prevalent infectious diseases in sub-Saharan Africa and the leading causes of morbidity and mortality. HIV/AIDs and malaria together cause more than 4 ...

Revisiting the Delegation Problem in a Sticky Price and Wage Economy

by: samanta, 34 pages

In a stylized Neo-Keynesianmodel with Calvo-type price and wage stickiness, this paper evaluates the usefulness of delegating price level and nominal wage targets to a discretionary central bank when ...

The Gamma problem revised

by: frederic ouimet, 3 pages

We try to approximate the parameters of two gammas while we observe only their subtraction

The people problem in mergers

by: monkey, 14 pages

The announcement of a merger sends a strong message to the market: you are trying to move the business forward; you are looking for expansion and rationalization opportunities; you are ...

Content Preview
The Bargaining Problem
John F. Nash, Jr.
Econometrica, Vol. 18, No. 2. (Apr., 1950), pp. 155-162.
Stable URL:
Econometrica is currently published by The Econometric Society.
Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available at JSTOR's Terms and Conditions of Use provides, in part, that unless you have obtained
prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in
the JSTOR archive only for your personal, non-commercial use.
Please contact the publisher regarding any further use of this work. Publisher contact information may be obtained at
Each copy of any part of a JSTOR transmission must contain the same copyright notice that appears on the screen or printed
page of such transmission.
The JSTOR Archive is a trusted digital repository providing for long-term preservation and access to leading academic
journals and scholarly literature from around the world. The Archive is supported by libraries, scholarly societies, publishers,
and foundations. It is an initiative of JSTOR, a not-for-profit organization with a mission to help the scholarly community take
advantage of advances in technology. For more information regarding JSTOR, please contact
Sat Dec 22 14:14:33 2007

The Bargaining Problem



Your download will begin in a moment.
If it doesn't, click here to try again.

Share The Bargaining Problem to:

Insert your wordpress URL:


Share The Bargaining Problem as:



Share The Bargaining Problem.

Enter two words as shown below. If you cannot read the words, click the refresh icon.


Share The Bargaining Problem as:

Copy html code above and paste to your web page.