Mechanism Robustness in Multilateral Bargaining

Authors: 
Eyal Winter
Abstract: 

We describe a non-cooperative bargaining model for games in coalition form without transferable utility. In this model random moves determine the order by which the players take their actions. the specific assignment of probability distributions to these chance moves is called the mechanics of the bargaining. Within this framework we examine the relation between the property of mechanism robustness, and coalition stability of the bargaining outcome, by showing that these two properties boil down to be the same.

Date: 
March, 1992
Published in: 
Theory and Decision 40 (1996), 131-147
Number: 
7