Nash Bargaining Versus Market Outcomes

UC Santa Cruz Economics Working Paper No. 526

11 Pages Posted: 17 Oct 2002

See all articles by Nirvikar Singh

Nirvikar Singh

University of California, Santa Cruz

Date Written: September 2002

Abstract

This paper compares the NBS and market outcomes in a simple n-person economy. It shows how the two outcomes differ with respect to responsiveness to differences in risk aversion, endowments, and market positions.

JEL Classification: C78

Suggested Citation

Singh, Nirvikar, Nash Bargaining Versus Market Outcomes (September 2002). UC Santa Cruz Economics Working Paper No. 526. Available at SSRN: https://ssrn.com/abstract=330700 or http://dx.doi.org/10.2139/ssrn.330700

Nirvikar Singh (Contact Author)

University of California, Santa Cruz ( email )

Department of Economics
E2 Building
Santa Cruz, CA 95064
United States
831-459-4093 (Phone)
831-459-5077 (Fax)

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