This is a preview. Log in through your library . Abstract We consider a class of Az-player stochastic games with the following properties: (1) in every state, the transitions are controlled by one ...
Roth, A. E. "Risk Aversion and the Relationship between Nash's Solution and Subgame Perfect Equilibrium of Sequential Bargaining." Journal of Risk and Uncertainty 2, no. 4 (December 1989): 353–365.
It has been shown (Hart [2]) that the backward induction (or subgame-perfect) equilibrium of a perfect information game is the unique stable outcome for dynamic models consisting of selection and ...
The paper considers an alternating-offers bargaining game between a buyer and a seller who face several trading opportunities (goods). The goods differ in their characteristics (quality) which are ...