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The Nash bargaining solution: sometimes more utilitarian, sometimes more egalitarian
Theory and Decision ( IF 0.802 ) Pub Date : 2023-04-24 , DOI: 10.1007/s11238-023-09930-2
Shiran Rachmilevitch

The first-order condition of the Nash bargaining solution equates the ratio of utilities to the ratio of marginal utilities. It turns out that this common ratio plays a role in determining whether the Nash solution, roughly speaking, is “more utilitarian” or “more egalitarian.” More specifically, I propose a sense of proximity to utilitarianism and/or egalitarianism according to which, in bargaining problems with distinct utilitarian and egalitarian points, the Nash solution is closer to utilitarianism if the aforementioned ratio is smaller than one, and closer to egalitarianism if that ratio is greater than one.



中文翻译:

纳什讨价还价解决方案:有时更功利,有时更平等

纳什讨价还价解决方案的一阶条件等于效用比率与边际效用比率。事实证明,这个公比在确定纳什解决方案是否粗略地说是“更功利主义”或“更平等主义”方面发挥了作用。更具体地说,我提出了一种接近功利主义和/或平均主义的感觉,据此,在具有明显功利主义和平均主义点的讨价还价问题中,如果上述比率小于 1,则纳什解决方案更接近功利主义,如果上述比率更接近平均主义,则该比率大于一。

更新日期:2023-04-24
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