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- W3123214687 abstract "We study the classical bargaining problem and its two canonical solutions, (Nash and Kalai-Smorodinsky), from a novel point of view: we ask for stability of the solution if both players are able distort the underlying bargaining process by reference to a third party (e.g. a court). By exploring the simplest case, where decisions of the third party are made randomly we obtain a stable solution, where players do not have any incentive to refer to such a third party. While neither the Nash nor the Kalai-Smorodinsky solution are able to ensure stability in case reference to a third party is possible, we found that the Kalai-Smorodinsky solution seems to always dominate the stable allocation which constitutes novel support in favor of the latter." @default.
- W3123214687 created "2021-02-01" @default.
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- W3123214687 date "2017-08-01" @default.
- W3123214687 modified "2023-09-27" @default.
- W3123214687 title "Stability, Fairness and Random Walks in the Bargaining Problem" @default.
- W3123214687 hasPublicationYear "2017" @default.
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