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A Noncooperative Model of Characteristic-Function Bargaining

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Models of Strategic Rationality

Part of the book series: Theory and Decision Library C ((TDLC,volume 2))

Abstract

Cooperative game theory has produced quite a number of solution concepts for games in characteristic-function form. Among the most important theories are the von Neumann-Morgenstern solution (von Neumann-Morgenstern, 1944), the Shapley-value (Shapley, 1953), the bargaining set (Aumann-Maschler, 1964), and the nucleolus (Schmeidler, 1969). The aim of these and many other solution concepts has been normative, rather than descriptive, even if some primarily descriptive theories like equal-share analysis have been proposed (Selten, 1972).

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© 1988 Springer Science+Business Media Dordrecht

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Selten, R. (1988). A Noncooperative Model of Characteristic-Function Bargaining. In: Models of Strategic Rationality. Theory and Decision Library C, vol 2. Springer, Dordrecht. https://doi.org/10.1007/978-94-015-7774-8_9

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  • DOI: https://doi.org/10.1007/978-94-015-7774-8_9

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-90-481-8446-0

  • Online ISBN: 978-94-015-7774-8

  • eBook Packages: Springer Book Archive

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