Give and Take: Three Ways of Approaching the Nash Bargaining Solution by Jacob Nadelman '19
Mon, March 11th, 2019
1:00 pm - 1:45 pm
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Give and Take: Three Ways of Approaching the Nash Bargaining Solution by Jacob Nadelman ’19, Monday, March 11, 1 – 1:45 pm, Stetson Court Classroom 101, Mathematics Colloquium
Abstract: In two person bargaining problems, agents must decide on how to split a good among themselves. If they ask for too much, both players get nothing. If they ask for too little, both players feel that they could have done better. This talk will explore three bargaining problems (the Nash demand game, the demand game with uncertainty, and the alternating offers game) and show how all share one equilibrium solution.