Rawlsian Nash solutions (Q1174812)
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scientific article; zbMATH DE number 9437
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Rawlsian Nash solutions |
scientific article; zbMATH DE number 9437 |
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Rawlsian Nash solutions (English)
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25 June 1992
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This paper gives a sufficient condition on a bargaining region \(S\) for the Nash bargaining solution to coincide with the Rawlsian solution (i.e., \(\hbox{Max}_{u\in S}\min(u_ 1,u_ 2))\), where a threat point is assumed to be normalized to \((0,0)\). It is a degeneracy condition, and, of course, is rarely satisfied by a bargaining game.
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Nash bargaining solution
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Rawlsian solution
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