2005
DOI: 10.1007/0-387-25706-3_2
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In What Sense is the Nash Solution Fair?

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Cited by 3 publications
(1 citation statement)
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“…In Güth et al (2004), an option of waiting is added to the noisy Nash demand game; in equilibrium, there is always commitment not to wait and conditions are found under which the equilibrium converges to the Nash solution. Trockel (2005) presents a market-based noncooperative foundation of the Nash solution, emphasizing the fairness property of the Nash product. In Gómez (2006), a distortion game is proposed where players report their utility functions to an arbitrator, equilibrium outcomes coincide with the entire Pareto frontier, but where adding uncertainty to the game, an approximate implementation of the Nash solution obtains.…”
Section: The Nash Solutionmentioning
confidence: 99%
“…In Güth et al (2004), an option of waiting is added to the noisy Nash demand game; in equilibrium, there is always commitment not to wait and conditions are found under which the equilibrium converges to the Nash solution. Trockel (2005) presents a market-based noncooperative foundation of the Nash solution, emphasizing the fairness property of the Nash product. In Gómez (2006), a distortion game is proposed where players report their utility functions to an arbitrator, equilibrium outcomes coincide with the entire Pareto frontier, but where adding uncertainty to the game, an approximate implementation of the Nash solution obtains.…”
Section: The Nash Solutionmentioning
confidence: 99%