鲁宾斯坦-萨弗拉-汤姆森公理化讨价还价理论的一个基数特征刻画

A Cardinal Characterization of the Rubinstein-Safra-Thomson Axiomatic Bargaining Theory

Econometrica · 1995
被引 31
人大 A+FT50ABS 4*

中文导读

指出鲁宾斯坦等人提出的序贯讨价还价解在推广到非期望效用偏好时限制过严,排除了重要的RDEU和中间性偏好族;作者通过修改分析,使结论适用于更广的偏好类,包括RDEU偏好的例子。

Abstract

In a recent paper Rubinstein, Safra, and Thomson (RST) have provided an interesting re-examination of the widely applied Nash solution for a two-person bargaining problem. They recast the usual Nash bargaining problem into a more natural setting of feasible alternatives with a disagreement outcome. The two players are then described by their risk preferences defined on the set of lotteries over the alternatives and the disagreement outcome. This enables them to define an ordinal Nash solution in terms of the agents' risk preferences. Essentially, their ordinal solution is an outcome that is immune against possible objections. Freeing the definition of the Nash solution from utility naturally led RST to extending its scope to Non-Expected Utility (NEU) preferences. We contend, however, that the family of NEU preferences considered by RST is unduly restrictive. The assumptions imposed on the risk preferences by RST essentially exclude any members of the Rank Dependent Expected Utility (RDEU) and betweenness families that can accommodate the very choice paradoxes that stimulated the development of NEU theory. As these are two of the most extensively analyzed and widely applied NEU models in the literature, this seems to cast doubt on how broad an extension to NEU preferences the RST approach affords. We demonstrate, however, that RST's analysis can be modified so that their conclusion is valid in a wider class of preferences that can include examples of RDEU preferences. This class consists of preferences that admit what we term a disagreement linear representation.

纳什谈判解序数谈判解非期望效用偏好秩依期望效用