Efficient performance in two agent bargaining (Q1092778)
From MaRDI portal
 | This is the item page for this Wikibase entity, intended for internal use and editing purposes. Please use this page instead for the normal view: Efficient performance in two agent bargaining |
scientific article; zbMATH DE number 4020789
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Efficient performance in two agent bargaining |
scientific article; zbMATH DE number 4020789 |
Statements
Efficient performance in two agent bargaining (English)
0 references
1987
0 references
An allocation rule in a bargaining problem is given by two functions from pairs of stated valuations by the two parties, one determining probability of transfer of the item, the other determining a money payment. The author presents a set of conditions which will guarantee that allocation rules in a certain class are both individually rational and efficient.
0 references
auctions
0 references
individual rationality
0 references
efficiency
0 references
An allocation rule
0 references
bargaining
0 references
