Axiomatic Bargaining Game Theory Breitscheidstr. 10 AUTOMATISIERTE VERHANDLUNG15

AUTOMATISIERTE VERHANDLUNG15

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Axiomatic Bargaining Game Theory Breitscheidstr. 10 AUTOMATISIERTE VERHANDLUNG15Many social or economic conflict situations can be modeled by specifying the alternatives on which the involved parties may agree, and a special alternative which summarizes what happens in the event that no agreement is reached. Such a model is called a bargaining game, and a prescription assigning an alternative to each bargaining game is called a bargaining solution. In the cooperative game theoretical approach, bargaining solutions are