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Noncooperative Bargaining in Apex Games and the Kernel

Working paper
Author/s: 
Maria Montero
Publisher: 
FEEM
Year: 
1999
PDF [1]
This paper studies non-cooperative bargaining with random pro- posers in apex games. Two di¤erent protocols are considered: the egalitarian propocol, which selects each player to be the proposer with the same probability, and the proportional protocol, which selects each player with a probability proportional to his number of votes. Expected equilibrium payo¤s coincide with the kernel for the grand coalition regardless of the protocol. Expected payo¤s conditional on a coalition may depend on the protocol: given a coalition of the apex player with a minor player, an egalitarian protocol yields a nearly equal split whereas a proportional protocol leads to a proportional split.
Tags: 
Coalition Formation Theory [2]

Source URL:http://coalitiontheory.net/content/noncooperative-bargaining-apex-games-and-kernel

Links
[1] http://www.feem-web.it/ctn/papers/gc_montero_2.pdf [2] http://coalitiontheory.net/research-areas/coalition-formation-theory