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A model of Negotiation in an Extensive Form Games

 Аннотация

    Any game theoretical equilibrium is not effective as a social choice function. In general, the equilibrium is not Pareto optimal. So, it is reasonable to consider an improvement of the original game associated with negotiation. In Section 1 we give a comparison of several known approaches to game theoretical research of negotiation. In section 2 we discuss a problem of axiomatic characterization of a negotiation mechanism. The most attractive applications of this idea correspond to extensive form games (section 3). We consider renegotiation of two different types: talks at the initial position of the game and those at one of the next positions when, after disagreement, somebody makes a move in the original game. A number of unexpected feature of that model are represented.

 Ключевые слова

    game theoretical equilibrium, social choice function, Pareto optimal, negotiation, axiomatic characterization
 


Последние изменения: 25.02.2001


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