Learn More
While it is troubling when power index values change with the index, the problem is more severe; different indices can generate radically different rankings; e.g., a 15-player game exists with over a trillion different strict index rankings of the players. In contrast, for each number of players certain indices always share the same ranking; e.g., the(More)
Demands and concessions in a multi-stage bargaining process are shaped by the probabilities that each side will prevail in an impasse. Standard game-theoretic predictions are quite sharp: demands are pushed to the precipice with nothing left on the table, but there is no conflict regardless of the degree of power asymmetry. Indeed, there is no delay in(More)
  • 1