Nash bargaining with (almost) no rationality. (English) Zbl 1331.91025

Summary: I axiomatize the \(n\)-person asymmetric Nash bargaining solution on the basis of independence of irrelevant alternatives, independence of equivalent utility representations, feasible set continuity, and conflict-freeness – the requirement that the solution selects the ideal point whenever it is feasible to do so.


91A12 Cooperative games
91A06 \(n\)-person games, \(n>2\)
Full Text: DOI


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