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Mechanism Robustness in Multilateral Bargaining | The Federmann Center for the Study of Rationality

Mechanism Robustness in Multilateral Bargaining

Abstract:

We describe a non-cooperative bargaining model for games in coalition form without transferable utility. In this model random moves determine the order by which the players take their actions. the specific assignment of probability distributions to these chance moves is called the mechanics of the bargaining. Within this framework we examine the relation between the property of mechanism robustness, and coalition stability of the bargaining outcome, by showing that these two properties boil down to be the same.

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