General Nash Bargaining Solution
6 Pages Posted: 3 May 2022 Last revised: 11 May 2022
Date Written: April 15, 2022
Abstract
Each bargaining problem generally involves two stages. A bargaining solution needs to decide what actions to take and how to share values. This note extends the Nash bargaining solution to such two-stage bargaining problems.
Keywords: Bargaining on action-taking, Bargaining on value-sharing
JEL Classification: C7, C71, C78
Suggested Citation: Suggested Citation
Wang, Susheng, General Nash Bargaining Solution (April 15, 2022). HKUST Business School Research Paper No. 2022-061, Available at SSRN: https://ssrn.com/abstract=4084694 or http://dx.doi.org/10.2139/ssrn.4084694
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