Bargaining over Strategies of Non-Cooperative Games - Université de Lorraine Access content directly
Journal Articles Dynamic Games and Applications Year : 2015

Bargaining over Strategies of Non-Cooperative Games

Abstract

We propose a bargaining process supergame over the strategies to play in a non-cooperative game. The agreement reached by players at the end of the bargaining process is the strategy profile that they will play in the original non-cooperative game. We analyze the subgame perfect equilibria of this supergame, and its implications on the original game. We discuss existence, uniqueness, and efficiency of the agreement reachable through this bargaining process. We illustrate the consequences of applying such a process to several common two-player non-cooperative games: the Prisoner’s Dilemma, the Hawk-Dove Game, the Trust Game, and the Ultimatum Game. In each of them, the proposed bargaining process gives rise to Pareto-efficient agreements that are typically different from the Nash equilibrium of the original games.

Dates and versions

hal-01725166 , version 1 (07-03-2018)

Licence

Attribution

Identifiers

Cite

Giuseppe Attanasi, Aurora García-Gallego, Nikolaos Georgantzis, Aldo Montesano. Bargaining over Strategies of Non-Cooperative Games. Dynamic Games and Applications, 2015, 6 (4), pp.273-298. ⟨10.3390/g6030273⟩. ⟨hal-01725166⟩
39 View
0 Download

Altmetric

Share

Gmail Facebook X LinkedIn More