We study feasible sets of the bargaining problem under two different assumptions: the players are subjective expected utility maximizers or the players are Choquet expected utility maximizers. For the latter case, we consider the effects on bargaining solutions when players become more risk averse and when they become more uncertainty averse.
|Place of Publication||Maastricht|
|Publisher||Maastricht University, Graduate School of Business and Economics|
|Number of pages||18|
|Publication status||Published - 1 Jan 2015|
|Series||GSBE Research Memoranda|
Driesen, B. W. I., Lombardi, M., & Peters, H. J. M. (2015). Feasible sets, comparative risk aversion, and comparative uncertainty aversion in bargaining. Maastricht University, Graduate School of Business and Economics. GSBE Research Memoranda, No. 031 https://doi.org/10.26481/umagsb.2015031