An extensive form game is proposed in the paper to give a noncooperative interpretation of the Aumann-Davis-Maschler bargaining set for transferable utility games. Inspired by Stearns' transfer scheme procedure, a bilateral negotiation between the objector and counterobjector is devised in the extensive form game.
All Science Journal Classification (ASJC) codes
- Sociology and Political Science
- Social Sciences(all)
- Statistics, Probability and Uncertainty