International Journal of Game Theory

, Volume 15, Issue 1, pp 59–63 | Cite as

Replication invariance of bargaining solutions

  • William Thomson
Article

Abstract

This note is concerned with the behavior of bargaining solutions under replication of bargaining problems. A notion of replication, alternative to that studied by Kalai, is proposed, and it is shown that for both the Nash and Kalai-Smorodinsky solutions, the sum of what the agents of each type obtain in the replicated problem is equal to what the agent they are representing would obtain in the original problem under an application of the asymmetric generalization of the solution with weights proportional to the orders of replication of the different types. This similarity in behavior of the two solutions is in contrast with the conclusions reached by Kalai.

Keywords

Economic Theory Game Theory Original Problem Bargaining Solution Bargaining Problem 

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References

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Copyright information

© Physica-Verlag 1986

Authors and Affiliations

  • William Thomson
    • 1
  1. 1.Department of EconomicsUniversity of RochesterRochesterUSA

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