Misrepresentation of Utilities in Bargaining: Pure Exchange and Public Good Economies

@article{Kibris2002MisrepresentationOU,
  title={Misrepresentation of Utilities in Bargaining: Pure Exchange and Public Good Economies},
  author={{\"O}zg{\"u}r Kibris},
  journal={Games and Economic Behavior},
  year={2002},
  volume={39},
  pages={91-110}
}
In order to analyze bargaining in pure exchange and public good economies when the agents are not informed about their opponents’ payoffs, we embed each bargaining problem into a noncooperative game of misrepresentation. In pure exchange (public good) economies with an arbitrary number of agents whose true utilities satisfy a mild assumption, the set of allocations obtained at the linear-strategies Nash equilibria of this game is equal to the set of constrained Walrasian (Lindahl) allocations… CONTINUE READING

From This Paper

Figures, tables, and topics from this paper.
6 Citations
16 References
Similar Papers

Citations

Publications citing this paper.

References

Publications referenced by this paper.
Showing 1-10 of 16 references

The Manipulability of the Shapley Value,

  • W. Thomson
  • Int. J. Game Theory
  • 1988
Highly Influential
2 Excerpts

The Manipulability of Resource Allocation Mechanisms,

  • W. Thomson
  • Rev. Econ. Stud.,
  • 1984
Highly Influential
3 Excerpts

“ CoalitionProof Nash Equilibria . I . Concepts

  • R. D. Luce, B. D. Bernheim, B. Peleg, M. D. Whinston
  • J . Econ . Theory
  • 1987

A Noncooperative Bargaining Game with Risk Averse Players and an Uncertain Finite Horizon,

  • J. E. Harrington, Jr.
  • Econ. Lett
  • 1986

A Note on Risk Aversion in a Perfect Equilibrium Model of Bargaining,

  • A. E. Roth
  • Econometrica
  • 1985
1 Excerpt

Risk Sensitivity in Bargaining with More than Two Participants,

  • L. T. Neilsen
  • J. Econ. Theory
  • 1984

Similar Papers

Loading similar papers…