Abstract

A new treatment is presented of a classical economic problem, one which occurs in many forms, as bargaining, bilateral monopoly, etc. It may also be regarded as a nonzero-sum two-person game. In this treatment a few general assumptions are made concerning the behavior of a single individual and of a group of two individuals in certain economic environments. From these, the solution (in the sense of this paper) of classical problem may be obtained. In the terms of game theory, values are found for the game. См. также: Two-person cooperative games, автор - Джо Нэш.

Keywords

Bargaining problemEconomicsMathematical economicsMicroeconomics

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Publication Info

Year
1950
Type
article
Volume
18
Issue
2
Pages
155-155
Citations
7727
Access
Closed

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Cite This

John F. Nash (1950). The Bargaining Problem. Econometrica , 18 (2) , 155-155. https://doi.org/10.2307/1907266

Identifiers

DOI
10.2307/1907266