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A non-cooperative interpretation of the kernel
Journal article   Peer reviewed

A non-cooperative interpretation of the kernel

CHIH CHANG and Cheng-Cheng Hu
International Journal of Game Theory, pp.1-20
08/02/2016

Abstract

Bargaining game Kernel Nash program Subgame perfect equilibrium
The purpose of the paper is to propose a bargaining game to interpret the kernel non-cooperatively. Based on the idea of the Davis-Maschler reduced game, a bilateral bargaining procedure is provided in our game model. We show that the set of all subgame perfect equilibrium outcomes of our non-cooperative game coincides with the kernel for transferable utility games.

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