Article ID Journal Published Year Pages File Type
5059810 Economics Letters 2013 4 Pages PDF
Abstract
This article proposes a simple Nash program. Both our axiomatic characterization and our noncooperative procedure consider each distinct asymmetric and symmetric Nash solution. Our noncooperative procedure is a generalization of the simplest known sequential Nash demand game analyzed by  Rubinstein et al. (1992). We then provide the simplest known axiomatic characterization of the class of asymmetric Nash solutions, in which we use only Nash's crucial Independence of Irrelevant Alternatives axiom and an asymmetric modification of the well-known Midpoint Domination axiom.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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