Recursive Nash bargaining over a productive asset

The Dynamics of Climate Agreements

“…12 Hoel (1993) studies a di¤erential game with an emission tax, while Yanase (2006) derives the optimal contribution-subsidy. Houba et al (2000) study negotiations (over …sh quotas) in a di¤erential game where the agreement lasts forever, while Sorger (2006) lets the agreement last only one period. Investments or R&D are not allowed, so the contract is complete.…”

Subgame consistent cooperative solution for NTU dynamic games via variable weights

“…dePaz, Marín-Solano, and Navas (2013), Dockner and Jørgensen (1984), Hamalainen, Haurie, and Kaitala (1986), Leitmann (1974), Marin-Solano (2014) and Yeung and Petrosyan (2005) studied continuous-time cooperative differential games with nontransferable payoffs. Sorger (2006) presented a recursive Nash bargaining solution for a discrete-time NTU cooperative dynamic game involving a productive asset. Predtetchinski (2007) considered the strong sequential core for stationary NTU cooperative dynamic games.…”

Group Inefficiency and Dynamic Bargaining in Common Property Resource Games with Asymmetric Players

“…utility functions) but heterogeneous in their time preferences. Sorger (2006), Marín-Solano and Shevkoplyas (2011), de-Paz et al (2013), Ekeland et al (2013) and Marín-Solano (2015) propose different approaches in the study of time-consistent equilibria in case players are asymmetric, not just in their discount rates, but also in their utility functions.…”