title: Nash bargaining solution as negotiation concept for resource allocation problem: analysis of experimental data
metadata.name: dc.contributor.author
metadata.value: Korgin, Nikolay A.
metadata.lang: -
metadata.name: dc.contributor.author
metadata.value: Korepanov, Vsevolod O.
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2020-11-19T09:36:56Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2020-11-19T09:36:56Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2020-09-01
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/20698
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: Motivated by research works on Zeuthen-Hicks bargaining, which leads to the Nash bargaining solution (Vetschera, 2018), we analyze data obtained during experimental resource allocation gaming with Yang-Hajek's mechanism from the class of proportional allocation mechanisms. Games were designed in the form of negotiation to allow players to reach consensus. Behavior models based on best response, constant behavior, and Nash bargaining solution are defined. Analysis conducted over decisions made by participants shows that a significant share of all decisions leads to an increase of Nash bargaining value. It is even higher than the share of decisions that are in agreement with the best-response concept. Consensus-ended games show more but subtle attraction to Nash bargaining solution behavior. We discuss how these decisions correspond with other types of behavior actively exhibited by participants of this experiments — so-called constant behavior and with the end of negotiation process in games.
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: es
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St. Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: Contributions to Game Theory and Management, vol. XIII, 207–217;
metadata.lang: -
metadata.name: dc.title
metadata.value: Nash bargaining solution as negotiation concept for resource allocation problem: analysis of experimental data
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Article
metadata.lang: en_GB
resources.filename: Korgin_Korepanov(207-217).pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/20698/1/Korgin_Korepanov%28207-217%29.pdf
resources.format: Adobe PDF
resources.size: 520,91 kB