How Best to Disagree in Order to Agree? - Archive ouverte HAL
Article Dans Une Revue International Game Theory Review Année : 2016

How Best to Disagree in Order to Agree?

Résumé

We propose a new non-cooperative approach to implement a cooperative bargaining solution. This approach relies on a mechanism which specifies what happens when, at the end of the bargaining phase, players' propositions are still not compatible. The mechanism uses a random lottery and the history of proposals. At equilibrium, under the threat of this mechanism, provided that the use of it carries a small cost, players reach consensus after a finite number of proposals. No discounting is needed. The equilibrium strategies implement the full Raiffa bargaining process and players agree on a solution arbitrarily close to the Raiffa solution.
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Dates et versions

hal-01303626 , version 1 (18-04-2016)

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  • HAL Id : hal-01303626 , version 1

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Emily Tanimura, Sylvie Thoron. How Best to Disagree in Order to Agree?. International Game Theory Review, 2016. ⟨hal-01303626⟩
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