Scandinavian Working Papers in Economics

Discussion Papers on Economics,
University of Southern Denmark, Department of Economics

No 19/2014: On Bargaining Sets of Convex NTU Games

Bezalel Peleg () and Peter Sudhölter ()
Additional contact information
Bezalel Peleg: Institute of Mathematics and The Federmann Center for the Study of Rationality, Postal: The Hebrew University of Jerusalem, Feldman Building, Givat Ram, 91904 Jerusalem, Israel
Peter Sudhölter: Department of Business and Economics, Postal: University of Southern Denmark, Campusvej 55, DK-5230 Odense M, Denmark

Abstract: We show that the Aumann-Davis-Maschler bargaining set and the Mas-Colell bargaining set of a non-leveled NTU game that is either ordinal convex or coalition merge convex coincides with the core of the game. Moreover, we show by means of an example that the foregoing statement may not be valid if the NTU game is marginal convex.

Keywords: NTU game; Convex game; Bargaining set

JEL-codes: C71

7 pages, December 3, 2014

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