Abstract
This paper provides a non-cooperative interpretation for bargaining sets concepts in economic environments. We investigate the implementability of the Aumann-Maschler and Mas-Colell bargaining sets, and provide mechanisms whose subgame perfect equilibrium outcomes realize these sets. These mechanisms, in contrast to general mechanisms suggested in the implementation literature, have a natural structure closely related to that of the rationale underlying the bargaining sets. Furthermore, the strategy sets consist mainly of allocations and coalitions (thus avoiding any reference to preference parameters) and are finite dimensional.
Original language | English |
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Pages (from-to) | 219-230 |
Number of pages | 12 |
Journal | Review of Economic Design |
Volume | 4 |
Issue number | 3 |
DOIs | |
State | Published - 1 Jan 1999 |
Keywords
- Bargaining sets
- Implementation
ASJC Scopus subject areas
- General Economics, Econometrics and Finance