The generalized Nash bargaining solution and Incentive Compatible Mechanisms
Tóm tắt
In this paper I analyze whether the generalized Nash solution which has been defined by Harsanyi and Selten for bargaining problems with incomplete information can be characterized in the mechanism framework introduced by Myerson. I show that the solution is uniquely determined by a set of axioms in the case of independently distributed types. It can be seen that the axioms given by Harsanyi and Selten cannot be used if the types are not independently distributed.
Tài liệu tham khảo
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